REGARDING GST ON RENTAL INCOME BY NRI

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If a property, such as a warehouse, is located in India and owned by a Non-Resident Indian (NRI) who earns rental income from it, GST is generally applicable. This applies even if the tenant is using the property to store goods. The place of supply is considered India, meaning the NRI owner must register for GST, provided their income exceeds the specified threshold limit.

Suresh S. Tejwani

Suresh S. Tejwani (Querist)
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19 June 2024 If warehouse is in india and Owner of Warehouse is in abroad and earning rent income in india so whether GST would be applicable in such case?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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19 June 2024 Yes, GST on rent for the property in India will be applicable, subject to threshold limit.

Suresh S. Tejwani

Suresh S. Tejwani (Querist)
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19 June 2024 If income earned by indian person by way of rental income from NRI party for keeping the goods in warehouse then such rental income earned in india from NRI party would attract GST in such income?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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19 June 2024 The property being in India, place of supply is in India. The rental income will attract GST. The owner has to register under GST, subject to threshold limit.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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30 August 2024 Good luck.

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