GST RATE AND HSN CODE

707 views 3 replies

Hi All,

Please any one can tell me What is the GST Rate for Rent Income and in which category we have to condisder it?? (
Rent on Inmovable property) or anything as and also tell me the HSN code for Rent Income.

 

 

Please reply as soon as possible i am waiting for your valuable answers.

 

Thanks

Vishal Kuril 

 

Replies (3)
997211 Rental or leasing services involving own or leased residential property
997212 Rental or leasing services involving own or leased non-residential property

 

Residential usage....... Nil Rated

While non-residential rental supply.......... 18% GST

Thanks for your reply

 

Another query if we are not in realestate feild but we provide our mill godown for rent and genrating the rent income than same HSN code is applicable ????

 

Thanks 

Yes....... HSC is for particular supply............ '9972'

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