14 October 2020
Incase of Service Provider, the threshold limit for GST Registration is Rs. 20 lakhs. Since your aggregate rental income from commercial property exceeds Rs. 20 lakhs, you have to take registration under GST and collect GST @ 18% from the tenant.
Rs. 40 lakhs threshold limit is for suppliers engaged in "EXCLUSIVE SUPPLY OF GOODS." As per Notification No. 10/2019 - Central Tax, dated 07th March 2019, the GST threshold limit for Suppliers engaged in exclusive supply of goods have been increased to Rs. 40 lakhs w.e.f. 01st April 2019 ( 01/04/2019 ).