02 July 2020
A partner of a LLP is receiving remuneration from LLP which is more than Rs.20 lakhs and he is also receiving rent from that LLP of Rs.60000 per month. Whether the partner is liable to take registration under GST or not??
03 July 2020
As remuneration to partner is not considered as Supply, hence while calculating threshold of 20L we could exclude the same.
Since rental income is below the threshold limit, need not take the registration.
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