Gst on rent of property to PG

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This query is : Resolved

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If you're GST registered and your turnover exceeds Rs 40 lakhs, you might wonder if you need to charge GST on rent from a residential property let out for a Paying Guest (PG) business. Generally, GST is not applicable to the rent of residential properties. This exemption typically holds even when the property is used for commercial purposes like a PG, as the core service remains residential letting.

swetha

swetha (Querist)
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13 January 2024 I have registered under GST and my turnover of business exceeds Rs 40 lakhs for which i collect gst. Now i am letting out Residential property to an unregistered person who intends to run Paying Guest. Should i have to collect GST 18% on rent received from that person. or Am i exempt to collect GST as it is my residential property but now giving letting out to a person who intends to run paying guest.