Rent commercial

sir mera rent income hai from last 5 years tab main gst me tha 3 saal tak TO more than 2000000.00 magar muje bataya gaya ki limit 40lakh tak hai tho main cancel kiya 2 saal tak ab main August me fir se registered gst liya aur gst me invoice raise kar raha hu, kya muje piche ke 2 saal ka gst pay karna padega kya
Replies (4)
Quick Summary
This discussion concerns GST implications for commercial rent income. The user previously de-registered from GST for two years despite having a turnover exceeding ₹20 lakhs, due to a misunderstanding of the registration limit. They are now re-registered and invoicing, but are concerned about potential back taxes for the period they were de-registered and did not collect GST.

Both the gstin no r same?
Yes sir

Turnover limit (due to rental income) for registration under GST is ₹20 lacs. If this limit was exceeded in the intervening period, then gst would be applicable.

Mam fir maine tho 2 saal tho deregistared tha tho kya muje vaha tax liability aayega kya... aur maine invoice b nahi raised kiya aur na hi tax collect kiya... please suggest me mam

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