GST on commercial rental income

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DEEPANSHU GEHLOT (Querist)
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14 June 2017 Dear Sir i have leased my property to branded readymade store. our annual rental income is below 20 lac per annum. we also paid urban development tax as per commercial rates to government earlier we registered for service tax returns and filled nill returns as per process because rental income not exceeding 10 lakhs that time, and therefore we received provisional userid and password for enrolling in GST do i need to enroll to gst and need to file gst returns if yes in what frequency do i need to file return if no, then do i need to apply for cancellation of gst or service tax number please assist

DEEPANSHU GEHLOT

DEEPANSHU GEHLOT (Querist)
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15 June 2017 kindly assist and guide

Sagar Doshi

Sagar Doshi (Expert)
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17 June 2017 If you are currently registered under Service Tax law, then migration under GST is mandatory, irrespective of your taxable turnover value. GST return needs to file montly, therefore it is recommended to migrate under GST and then apply for cancellation of GSTIN. Or you can apply for cancellation of service tax registration within 10 days. Call is yours

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