Rent income
This query is : Resolved
29 December 2017
Respected Sir/Madam,
One of my client is Trust having rental income from commercial property. The per month rent is only 4,000/- but not received of 3 months, so unrealized rent is 12,000/- and now they received 12,000/- than should they have to collect GST or not?
Regards,
Jignesh
One of my client is Trust having rental income from commercial property. The per month rent is only 4,000/- but not received of 3 months, so unrealized rent is 12,000/- and now they received 12,000/- than should they have to collect GST or not?
Regards,
Jignesh
29 December 2017
If the turnover is less than Rs.20 Lakhs, no GST.
29 December 2017
If the Trust is Registered Under GST then Yes.. GST will be collect fr the Rental.
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