sir iam a rental service provider i povide bulidings for rent purpose,
unfortunately my consultancy firm have registered me as composition dealer(which is not applicable from july 2017). I have not filed returns from july 17. i had withdrawn as composition dealer now, my query is on what rate i have to pay tax and file return, is their any alternative.
please help me in this regard.
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GST Registration
Replies (2)
Dear Harish,
If you have taken registration you have to pay tax @ 18% on rental income
But, if your aggregate turnover is below taxable limit and within the state, you need not to go for GST registration.
Regards,
Naveen Singh
9716822331
Hi harish,
I would suggest not to file the return and opt for new registration as it may attract tax and late fine
For further assistance kindly reach out to us
HAPPY TO HELP
MOHIT JAGNANI
8820448170
I would suggest not to file the return and opt for new registration as it may attract tax and late fine
For further assistance kindly reach out to us
HAPPY TO HELP
MOHIT JAGNANI
8820448170
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