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Property on Rent to Post Office

Lakhbir sauja (43 Points)

11 April 2021

A Religious Trust registered with GSTN, gives property on Rent to Post office, whether Gst is applicable?

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2 Replies

CA. Sourav Sarkar (Chartered Accountant ) (24578 Points)
Replied 11 April 2021

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.

Ankit Neema (2742 Points)
Replied 11 April 2021

Https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.cbic.gov.in/htdocs-cbec/gst/gst-charitable-religious-trusts.pdf&ved=2ahUKEwitl5y4y_bvAhXwzzgGHag4AQwQFjABegQIAxAG&usg=AOvVaw0KEwC8uJVZ1-RIRQynAgst