GST is applicable for room rent is greater than Rs.1000/-. My question is,if room rent is lower than Rs.1000/-,but turn over is above GST limit,how the GST is applicable for them?
CA Shivam Arora
(Chartered Accountant)
(2414 Points)
Replied 29 June 2018
1)If they are providing any other goods or services which are taxable, then GST is applicable to them to the extent of taxable supply.
2) Turnover for registration is to be determined taking into account both taxable and non-taxable supply.
3) However, if you solely providing exempt supply, then you are not liable to register even if turnover exceeds the threshold limit.
Note:- GST is applicable when declared tariff is greater than 1000/-, actual room rent may be greater than or less than declared tariff.
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