Gst on rent

Will renting out a property attract GST now?

According to the GST Act, renting out of an immovable property would be treated as a supply of services. GST, however, will be applicable only to certain types of rent such as:

1. When a property is given out on lease, rent, easement, or licensed to occupy
2. When any property is leased out (or let out) including a commercial, industrial, or residential property for business (either partly or wholly)

These type of renting is considered as a supply of services and thus would attract tax.

Gst on rent exempt if it is used for the purpose of residence 

Read this link to https://www.charteredclub.com/gst-rent/

Property is resident No such limit

Yes,  No GST if residential property is let out for the purpose  residential purpose( other than commercial and industrial) irrespective of any rental amount.