no.You can opt for composite scheme as rental income will be treated as supply of service. Currently service provider can't opt for composite scheme except restaurant.u have to take normal registration for retail shop and rental income if all the total turnover exceed Rs. 20 lk.
no.You can opt for composite scheme as rental income will be treated as supply of service. Currently service provider can't opt for composite scheme except restaurant.u have to take normal registration for retail shop and rental income if all the total turnover exceed Rs. 20 lk.
what's the position if rental is less than rs.20lacs in one state and business in another state and business is registered under GST. Does registration required for rent in the state where property is located ?
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