GST ON LEASE RENT RECEIVED BY PETROL BUNK OWNER
This query is : Resolved
BHASKARA VENKATESWARLU
(Querist)
12 April 2023
THE OWNER OF THE PETROL BUNK IS LADY AND SHE RECEIVES RS. 14520/- PER MONTH AS LEASE RENT FOR THE LAND LEASED TO HPCL. PETROL BUNK IS ON HER OWN NAME AND SHE RUNS THE PETROL BUNK. WILL THE LEASE RENT RECEIVED BY HER IS TAXABLE UNDER GST ?
Dhirajlal Rambhia
(Expert)
13 April 2023
Yes, under forward charge, if she is registered under GST.
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