IS GST IS APPLICABLE FOR RENTING OF IMMOVABLE PROPERTY ? IF IT IS APPLICABLE PERCENTAGE OF TAX?
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Gst on lease
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Residential exempted
Non-residential............. 18% GST
THANK YOU SIR
Most Welcome Dear
Of the 18% what is the split between CGST & SGST??
Unless notified otherwise ....... CGST 9% +SGST 9%.............
Many Thanks for the quick response. I have another query - For jointly owned commercial property (75:25) given on lease. One owners rental receipt below 20 lacs. Does he need to register?
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