gst on rent
Akshat kabra (27 Points)
09 October 2017
an individual is letting his land to rent for commercial purpose. is GST applicable??
4 Replies
CA. Punith Harish
(PRACTICING CHARTERED ACCOUNTANT)
(445 Points)
Replied 09 October 2017
if rent is more than 20lakh per annum then GST is applicable ...
Madhukar N Hiregange
(Chartered Accountant)
(39039 Points)
Replied 09 October 2017
if the individuals aggregate TO of goods or services exceeds 20 L he would be liable.
Akshat kabra
(27 Points)
Replied 09 October 2017
what if individual income is above 20 lakh including rent?
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