banner_ad

GST on Rent Received Individual who has running Business

This query is : Resolved 

26 August 2022 Sir,
I would like to clarify some doubt regarding Rental Income received by an Individual from his commercial complex .
i.e. Mr. Venu already running a business in the name of JK Printing & registered with GST .
Now as per latest amendment in GST ,all the (commercial properties )persons should collect GST on rental Income .
Whether the Individual has to collect the GST along with Rental Income In the above case as he has already registered with GST but he has executed the rental agreement in his personal Name ?
Some one says as the property and the individual business are not connected the GST on Rental Income may be subject to RCM .
Which one is correct?

26 August 2022 If you are registered dealer running any proprietorship business, also earning rental income on commercial properties, you need to collect GST over the rent income under forward charge, even if you have made agreement in your personal name.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news


Answer Query



Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details