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GST for rented income
i am from nagpur maharashtra .please guide me for GST on rented income ..how it works and what kind of registration have to do...
Replies (5)
If u have rental income..
GST will be 18% .. Against renting of immovable property for commercial purpose...
on 70% of rental income or on 100%
and what about moveable property rent ...like furniture and fixture agreement .
Tax on 100% rent and if moveable property rent includes immovable property rent also then tax will same if uses for commercial purpose and if exclude immovable property rent then is also same.
any set off facilities in GST...
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