GST on Arrears of Rent

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shridhar S (Querist)
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04 July 2020 Dear Sir/Madam,
Scenario: In FY 2018-19 my rental income from Commercial building was Rs. 19,00,000 and i'm not registered under Gst, in June 2020 i had received arrears of rent for the period FY 2018-19 Rs. 2,00,000. My question is whether should i get registered and pay GST prospectively or should i get registered under GST and pay Tax retrospectively when turnover crosses Rs. 20,00,000 (i.e Rs. 21,00,000 in this case including arrears of rent which is i came to know in June 2020), and on which amount should i need to pay gst whether on whole amount i.e Rs. 21,00,000 or only on Rs. 1,00,000

Please suggest
With Best regards

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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04 July 2020 You should register under GST and pay prospectively on all amount collected after registration.

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shridhar S

shridhar S (Querist)
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04 July 2020 Dear Thank you for your reply can you suggest under which section does it falls....

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