Rental income and gst
This query is : Resolved
31 March 2017
1. What is the percentage of GST to be collected for rental income ?
2. Is there a Basic exemption as in the case of Income tax ?
2. Is there a Basic exemption as in the case of Income tax ?
01 April 2017
GST Rate for supply of services for provision of occupation of immovable property has not been specified as yet.
There is no requirement to register under GST if the turnover is below 19 lacs in a year.
There is no requirement to register under GST if the turnover is below 19 lacs in a year.
Message likes :
1 times
Guest
Guest
(Expert)
01 April 2017
As per section 22 of the CGST Bill,2017, every supplier shall be liable to be registered if his aggregate turnover in a financial year exceeds twenty lakh
rupees and in case of special category States ,limit is ten lakh
rupees and in case of special category States ,limit is ten lakh
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- STCG....................................................
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- TAN for Partnership
- Sales return eway bill
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- REGARDING GST LIABILITY/....
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- GST Registration Horse racing
- Section 43B(h) – MSME Invoice Paid Before Year End but After 45 Days
- Suggestions required for income tax filing-software (FY 2025-26)
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
