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gst on rental income

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DEEPANSHU GEHLOT (Querist)
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16 June 2017 GST on commercial rental income (Open) DEEPANSHU GEHLOT 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 kindly assist and guide

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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16 June 2017 There is no need to register under GST as turnover is below Rs.2000000/-. You can't cancel service tax registeration no. now. Migrate to GST & cancel the registeration after 01 July.

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