Is GST registration mandatory for turn over above 20 lakhs or 40 lakhs from Rental Income ?
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GST Reg Liability
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Quick Summary
Gst limits depending upon on the state which your are transacting, some states 10 lakhs limit,some states 20 lakhs and few states like andhra pradesh having the limits for services 20 lakhs and exclusive supply of goods limit is 40 lakhs
If you are providing rentals for the purpose of business it mandatory.
As per Section 22 of CGST Act it's 20 lac threshold limit for supply of services & in term of Schdule 2 , Para 5 , Renting of Immovable property cover under supply of services.
Though you can avert it citing sec 22 as an example. This is quite logical.
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