No.
Residential rental service is not taxable under GST
There is no Residential Property Rental Income under GST and only threshold of 20laks for Commercial Property Rental Income under GST is applicable.
If tenants ask you again ask them to go through this link
https://timesofindia.indiatimes.com/business/india-business/rental-income-beyond-rs-20-lakh-to-attract-gst/articleshow/59539754.cms
Hi,
How much annual rent.
If they interested to show records in their books, they need GST registration for claim TDS.
Pls note it is based on rent amount.
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To get more details about this, click on this link: Rental income beyond Rs 20 lakhs to attract GST in India
| Originally posted by : Aanchal Verma | ||
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I have a property in Lucknow , U.P and it is rented for residential purpose. I am not registered in gst since my turnover is less than 20 lakhs. The tenant belongs to Pune . He is asking me to get registered under GST. Am I supposed to get registered ? please reply . | ![]() |
Dear Aanchal Verma.,
As per rule, Residential Property to Renting for residential is not under GST. Its fully not under GST even your Turn Over above 20lakhs. The same situtation if a commersial property is need to get GST T/O above 20 lakhs.
i'll come to my point. As per rule residential not under GST. But, Why your tenent asking GST to You...? Bcoz., In My view You given the property for Commersial Using to the Tenant. If Am I right... You can consider if your T/O is above 20lakhs.
Bcoz., Your tenant ll be booking the rental amount to his business account with paid RCM....
Mr. Raja, in that case if she registers under GST for Residential Property and the tenant raises the claim even if it is under RCM it'll be a legal case as the conversion of the Residential to Commercial wasn't done as per the Rules and Secondly they could deduct TDS under section 194I if they are using the residential property for commercial purpose isn't it?
Yes. Exactly it is wrong. A residential property given to Commercial is not good/allowed.
Here two option in hand....
1. Changing residential to commercial or
2. Given to Residetial purpose
and also to says above points to the landlord
And in another prospective view (My View) i think the resident / tenant must be a Proprietor of certain business and wants to claim the same under GST.... but Ms. Aanchal Verma building being under residential property, Owner should'nt register under GST.
No...! Here don't mind URD/RD and We think its Commercial or Residential...!!!
if a persone is registered under GST and whether he need to charge GST for expempted Rental income as he is registered.
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