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Lease on shop

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577 Points Joined January 2019
One of my client decide to lease his shop to a person for business, (2 lakh) now tell me here any GST act applicable or not , if yes means what is the next how much he should charge, please guide me.
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On 17 January 2019 at 22:31 Report
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CA
198 Points Joined July 2014
As rent for a year exceeds Rs. 20 lacs then GST is applicable.. Rate would be 18%
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On 17 January 2019 at 22:36
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577 Points Joined January 2019
thank you CA varun khasia
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On 17 January 2019 at 22:40
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CA
3430 Points Joined January 2019

The definition of supply include lease therefore GST applicable

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On 17 January 2019 at 23:53
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Proprietor
171 Points Joined December 2014
if you are leasing from April 2019 then limit will be 40 lakhs
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On 18 January 2019 at 07:23

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