GST on Rent Income
Hardik Patel (76 Points)
27 January 2020
Rent Income Receive in current account so GST applicable or not, and if applicable than what is rate of GST apply ?
Hardik Patel (76 Points)
27 January 2020
Vamsi Krishna
(12 Points)
Replied 27 January 2020
RAJA P M
("Do the Right Thing...!!!")
(128083 Points)
Replied 27 January 2020
CA Kiran Sutrave
(CA)
(428 Points)
Replied 27 January 2020
If the business of the assessee is renting of property and rental amount is exceeding the exemption limit, then GST is applicable @ 18%. Renting of residential property is exempted from GST
Pankaj Rawat
(GST Practitioner)
(55047 Points)
Replied 28 January 2020
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