Gst on rent for property

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We have rented the property to a bank , we have paid service tax before but not we are not crossing the gst

limit , so bank has a gst registration , then can we make the gst regst. or cnacele the s,.tax no

Replies (4)

Yes, you can cancel the ST /GST registration.....  [unless bank mandates for same]

so we have to  take permission form the bank & what is the procedure for the cancellation

if you cancel the registration the bank will have to pay tax on RCM in GST regime (if the transaction results by unregistered person to registered person )
is gst apllicable for godown rent? I m having a gst no.
I am paying a rent for godown which I used for commercial purposes The rent amt. is 60000 monthly with tds deducted. should gst required for this form the owner of the godown.


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