my trust is registered in 12A. Trust has some shop which derived rental income. rental income is more than 20 lakh. whether GST is applicable or not.
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Quick Summary
This discussion addresses whether an educational trust registered under 12A is liable for GST on rental income from shops. The core question is whether GST applies when rental income exceeds ₹20 lakh, even for non-profit organisations. It's confirmed that GST is applicable in such cases. A further point of clarification is whether excluding refundable security deposits, which would bring the taxable rental income below ₹20 lakh, exempts the trust from GST registration.
In this sum, some amount is recd as security Which is refundable.if we exclude this security value then rental income is less than 20 lakh.then GST registration is required or not
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