Rent on guest house
This query is : Open
Srimannarayana
(Querist)
28 September 2017
Dear Sir Greetings of the Day
Ours is a Agriculture Research Institute(Autonomous Body) we have a guest house in our organization premises and we give the guest house for rent my query is do we have to pay GST on Guest house rent?
Ours is a Agriculture Research Institute(Autonomous Body) we have a guest house in our organization premises and we give the guest house for rent my query is do we have to pay GST on Guest house rent?
CA R SEETHARAMAN
(Expert)
28 September 2017
GST applicable only when rent per day per room is charged is in excess of Rs 1000 and annual rent receipts exceeds 20 lacs.
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Srimannarayana
(Querist)
29 September 2017
Sir we are taking rs.350 as rent per day for organization guest house where I have to show this amount in nill rated or exempted
CA R SEETHARAMAN
(Expert)
29 September 2017
Show it in exempted nil rated is for exports.
Chhatra Singh Dugar
(Expert)
29 September 2017
Mr Seetharaman
In case total rent exceed 20 lakhs but rent is 350/ then no need to pay GST and if not registered no need for go in for registration.
Am I right sir?
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