Gst on renting of property to educational institution

3350 views 7 replies

Please suggest me on this query

Rental income from Educational Institutions    35 Laks

Rental income from Commercial Business       6 Laks

Whether we have to take register under GST or Not

 

Venkatesh L

9394283848

Replies (7)
yes u have to register
Yes. You want to be register under GST...
yes bcoz taxable supply
Rental income from residential property has been exempt from GST but any earning over Rs 20 lakh annually from renting or leasing for commercial purposes would attract levy under GST.
Now in your case the income from commercial business is 6 lac will not attract GST levy.

In the case of educational institution you have to provide detailed information regarding institution

sri chaitanya momorial trust and private limited is there

Charitable? exemption under IT?

Mr. Venkatesh...

Property owner is charitable or other...?

The property is to others then the other ll be give Rental to Charitable. Also the other get income from another Commercial property...

 

Yes. GST applicable to the "Others"


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