Gst on rental for a propertior

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Kushal Wadhwani

7 Points Joined July 2018

Hello,
I am a partner in a partnership firm and our turnover is much more than 20 lakhs and thus my personal income is also more than 20. Now, I am renting out a property for 1 lakh a month. I don’t have a personal gst number. Now whether I am exempted from gst as my total rental income is less than 20 lakhs ? Or do I have to take separate personal gst number and pay gst on rent ? Also can I club this rental income in my firm ?? Thanks

Replies (5)

RAJA P M

"Do the Right Thing...!!!"

128147 Points Joined January 2015

(thus my personal income is also more than 20)
What is this statement?
If your t/o is above 20lakhs with the rental (commercial) then Yes... GST registration is required...

If property is Your name then You can't club this income to Partnership Firm.

Kushal Wadhwani

7 Points Joined July 2018

I mean my firm turnover is more than 20 lakhs and the remuneration I get from the firm is also more than 20 lakhs. But individually I don’t supply any goods or services except rent.. Kindly advise

Kushal Wadhwani

7 Points Joined July 2018

I mean my firm turnover is more than 20 lakhs and the remuneration I get from the firm is also more than 20 lakhs. But individually I don’t supply any goods or services except rent.. Kindly advisr

RAJA P M

"Do the Right Thing...!!!"

128147 Points Joined January 2015

Good... The remuneration is not taxable under GST...

and

Is The rental income from Commercial property or Residential property...?

Kushal Wadhwani

7 Points Joined July 2018

It is from a commercial property.. my doubt is whether my remuneration income will be added to my rental income and henceforth will I be a liable for GST for rental income ?