Gst on rent.

This query is : Open 

17 June 2017 Sir, My friend receives rent 3000 per month. He has registration in gst. Then gst is applicable on rent. Thanks .

17 June 2017 GST applicable if the rent is for other than residential building.

17 June 2017 Yes applicable but not required to register under GST as turnover is below Rs 2000000/-

17 June 2017 He has Trading business with tu

17 June 2017 He has trading business .which turnover more than 20,00,000

17 June 2017 Then you have to register under GST.

17 June 2017 Whether he has to collect and pay gst tax on rent

17 June 2017 Yes you have to

17 June 2017 He has registration for his trading business

17 June 2017 He has gst registration for his trading business

17 June 2017 Thanks mam


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