Gst on rental income

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member
185 Points Joined October 2011

assessee is GST registered dealer, he pays GST on his bisiness turnover, however he has also rental income about

Rs 120000 per annum but he doesn't pay GST on this income saying rental income from renting residential house

is exampted from GST, how far he is technically correct ?

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On 17 August 2018 at 19:59 Report
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accountant
953 Points Joined January 2014
he is correct sir.. if you are registered dealer and supply one taxable service and one exempted service, then you only have to pay GST on taxable service. but u should report exempted supply of business in GSTR 3b return
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On 17 August 2018 at 20:19


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