I am operating a plastic mould manufacturing unit out of a rented portion of a building and pay rent of 41000/month. I recently saw that commertial properties are excempted from GST if the amount is not above 20 Lacs. The landlord has rented out other portions of the same bulding to other commercial businesses, in this case his total rental income is 24 lacs totally, myself and the landloard both are GST registered, so is there something in way of GST or anything else I should be paying? Or is the landlord responsible to pay it?
CAclubindia
