Is GST applicable on Rent received if the registered business is exclusively of Trade on GST?

Jitender Singh Rawat (Advocate) (78 Points)

14 July 2017  
Hello,

I have one of my client in Uttarakhand whose turnover is more than Rs.10 Lakh hence now registered under GST as a regular dealer. Apart from business income he owns a commercial shop from which he receives an annual rent of Rs.72000/.

Now my questions are as follows:
1. Can he opt a composition scheme with having both business and rent income?

2. Is he liable for charging any Gst on the rent received?

3.If the rent is paid by a registered dealer who is a trader, Is he liable to pay tax on reverse charge mechanism on such rent paid?

4.What is a tax quantum of rent on commercial building or shop in Uttarakhand?

5. Is it 20 lakh or 10 lakh for the services?


Thanks