Rental income

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 July 2017 please tell about GST on rental income

04 July 2017 GST at 18% applicable on commercial rental income exceeding 20 lacs per annum.

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 July 2017 i am running a hospital recipt Rs 21lac in previous year taking rent from shop 4500/- /month should i take gst number


04 July 2017 Yes as total value exceeds 20 lacs including exempted service.

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 July 2017 then after collection of gst on 4500/- per rent which type gst return should i filled every month what is best way to take rent monthy /quaterly/yearly so return filling to be less in number

05 July 2017 You have to file monthly return and pay gst monthly.


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