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Applicability of Rental Income

Others 246 views 5 replies
A Building owner received Rent +CGST+SGST from othei.Building owner have GST Number.He issues any Documents.
Replies (5)
everything alright?
thank you and congratulations.
dear sir what you want to ask
Building owner will issue tax invoice for the same. Rent amount will be his income and he will be liable to deposit the CGST/SGST to govt.
Since the builder owner is having a GST number he is required to raise Tax invoice with HSN of renting of immovable property. For immovable property it is always CGST and SGST.
Prabhkanwal Kaur and Uttam answers is correct.


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