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Gst on rental incomes-reg

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accounts officer
23 Points Posted on 13 June 2017
Dear sir If suppose an individual getting commercial rental income from his/her multiple properties and his /her overall commercial rental income per annum is below 20 laks .Is he/ her liable for gst ?? is there any limit for commercial rental income which attract gst. I hope residential rental income would not attract GST .Kindly clarify dear experts.
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On 13 June 2017 at 10:04 Report
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Practicing Company Secretary
326 Points Posted on 13 June 2017

If all the commercial properties are situated in one state and commercial rental income per annum is below is Rs 20 lakhs, then it will not attract GST.

No seperate tunover limit is prescribed.

Residental rental will not attract GST, as Service Tax Exemptions will be continued in GST

6 Reply
On 13 June 2017 at 10:36
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CA Final
65 Points Posted on 29 June 2017

what is the GST rate on Rental income of commercial property

1 Reply
On 29 June 2017 at 11:26
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Practicing Company Secretary
326 Points Posted on 29 June 2017

18% Rate would be applicable

6 Reply
On 29 June 2017 at 11:58
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4 Points Posted on 04 July 2017
if supply of services cross limit of 20 lac who is liable to pay gst as in lease deed with bank clause is written that any sevice tax or gst will be reimburse if tax is applicable
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On 04 July 2017 at 00:57
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4 Points Posted on 04 July 2017
so clarify sir
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On 04 July 2017 at 00:59
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Accounts Executive
25 Points Posted on 23 July 2017

What will be accounting treatment of GST on rental income.

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On 23 July 2017 at 14:47


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