Commercial rent under gst FY 2017-18

what is the commercial rent amount limit above which is gst applicable on it?
Replies (10)
Quick Summary
This discussion clarifies the Goods and Services Tax (GST) applicability on commercial rent for the Financial Year 2017-18. It highlights that for religious and charitable trusts, specific daily or monthly limits apply before GST becomes applicable. Residential property rentals are exempt from GST. However, for all other commercial properties, GST is applicable from the very first rupee, with no exemption limit, provided the entity is registered or liable for registration.

(1) In the case of religious and charitable trust-

Rs. 999/- For room per day
Rs. 9999/- for community hall per day
Rs. 9999/- for shop per month


(2) In case of let out for residential purpose-
exempt.

(3) In case of all other Commercial property-

No exemption, GST is applicable from Rs. 1 also.
Own office?
Own office means??

If office place is being let out GST shall be applicable.
(If registered, or liable to get registration)
Ok..... thank u so much Sir😊
Your welcome 😊
Is it applicable for FY 2017-18
Yes it is applicable from starting itself.
Without limit?
Yes as mentioned above.
Ok ji

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register