Menu
GST on immovable property
In case where Landlord is registered under GST and Tenant is an unregistered person as his income is below threshold limit. So how GST impact on Tenant ?
Replies (3)
is it commercial or residential ?.
If it's a Residential Property and let out for Residential purpose, then it is EXEMPTED from GST vide Notification No. 12/2017 - CT ( RATE ) dated 28.06.2017.
However, if it's a Commercial Property, then the Rental Income is Taxable under GST.
However, if it's a Commercial Property, then the Rental Income is Taxable under GST.
Is is commercial proprety, though it is taxable but if tenant is an unregistered person so how he will get the benefit of GST paid on such rent
Recent Topics :
- Discrepancy in Auto populated figures in GSTR1 of
- What should I do after receiving a GST Show Cause
- Discuss and Download CA Inter Question Paper Septe
- Hi experts needed some help
- Gift of Immovable Property u/s 92 of Income Tax Ac
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
- Hi experts need some help
- Is SAP FICO a good career option for finance and a
- Direct Cost booking
Related Topics :
CAclubindia
