Commercial rent service



In GST 32 council proposed to compound tax at 6% on service up to limit of Rs50 lakhs. presently paying GST 18% (9+9) on RENTAL service income of Rs 35 lakhs per annum. Can I change to compound system as service income is below 50 lakhs; and if so what is the procedure to change over. please guide.

 
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KVO Merau Kutchh

Let final notification be issued.

As such the amendment will be applicable from 01.04.2019.


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"Do the Right Thing...!!!"

No...

You can't opt Composition Scheme. It's not applicable for pure service oriented activities as per Your Rental Services...

Total likes : 1 times

 
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