GST on Rent

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if the assessee receives total rent of 22 lakhs during the year, 15 lakhs from commercial property and 7 lakhs from residential property then is he liable to get registration under GST ?

Replies (11)
As per My View...

No need...
ok thanks
renting of immovable property is supply of service and turnover if exceeds 20 lakhs should take registration as per section 22(1)
but rent from residence is except supply
i dont know about that if you have indulged in the business of renting it is supply of services
no gst liability
1. Turnover includes exempted turnover.
2.Renting immovable property for residence is exempted supply of service
3. As total turnover including exempted turnover exceeds 20 lakhs, he needs to get registered
4. He needs to pay GST on 15 lakhs
Residential Rental not calculated in Aggregate Turn Over...
No need to take Registration under GST.
Can u please explain why resedential rent not to be included in turnover
Thank you
aggregate turnover includes Exempted turnover and Zero rated also. hence registration is required under GST.
The law says that “aggregate turnover” means the aggregate value of all taxable supplies, excluding the value of inward supplies on which tax is payable by a person on reverse charge basis, exempt supplies, exports of goods or services or both and inter-state supplies of persons having the same Permanent Account Number, to be computed on an all-India basis but excludes Central tax, State tax, Union territory tax, Integrated tax and cess. So residential property rent will be included for the purpose of calculating aggregate turnover. So accordingly dealer is liable for registration under GST when his "Aggregate Turnover" exceeds 20 lacs.


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