Hello,
I need a suggestion from the experts in the community.
If I am having a rental income from commercial spaces which is less then 20lac and on other hand I am having a business too under proprietorship (REGISTERED UNDER GST). Then will i have to pay GST on the rental income?
PLEASE NOTE> Here my business is just a startup in e-commerce with a turnover of 5lac. As its a interstate supply therefore i have registered for GST.
-RONAK
But i have read somewhere that you are liable to pay gst if its exceeds 20lac.
Ok, Thanks for your answers.
Is there any way to save it. Because its like As i have registered for GST for my business, I just come under the neck.
It's quite disappointing for a startup community.
Sir,
I am working education instution (PUC) it will run by society there paid rent more than Rs.60 lakhs, then it will apply GST registration or not, please inform to us.
Karia Overseas
Ahmedabad
CA
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Shyam Joshi & Associates
Pune
B.Com
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CAclubindia
