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Building given on rent for commercial puprose

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Sai Chaitanya Yerukalapudi

1 Points Posted on 25 January 2021

hello, I have a building which I gave on rent to an institution and receiving rent o f 200,000 per year. There are no other incomes apart from my salary. Am I required to charge GST on the rental amount? My tenant is paying me the an amount after deducting some GST, I'm not sure if my tenant's act is justifiable. please suggest.

Replies (2)

Quick Summary

If you own a commercial building and rent it out, you might be wondering about GST obligations. This discussion clarifies that GST is generally not required if your annual turnover is below Rs. 20 lakhs. It also addresses a specific situation where a tenant deducted GST, explaining that this action is likely incorrect.

Divyam Agarwal

Practicing Chartered Accountant

959 Points Posted on 25 January 2021

You are not required to charge GST if your annual turnover is upto an amount of Rs. 20 lakhs per year.
The act of your tenant of deducting GST is not correct.