A Religious Trust registered with GSTN, gives property on Rent to Post office, whether Gst is applicable?
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Quick Summary
This discussion explores whether a religious trust registered with GSTN needs to charge Goods and Services Tax (GST) when renting out property to the Post Office. Generally, renting residential property for residential use is GST exempt. However, renting immovable property for business purposes, such as to the Post Office, is considered a supply of service and attracts GST at 18%.
When you rent out a residential property for residential purposes, it is exempt from GST. Any other type of lease or renting out of immovable property for business would attract GST at 18%, as it would be treated as a supply of service.