Gst on assured return

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 April 2018 DEAR FELLOW,
One of my clients is a Real Estate Company. It receives rent on commercial property which is below 20,00,000/- in the entire year. Now it is planning to buy an under construction commercial property with the assured return.

Is this assured return chargeable to GST?
Please explain in detail.

30 April 2018 Yes, assured return chargeable to GST provided Threshold exceed including the present rent received.



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