banner_ad

Rent par gst

410 views 7 replies
User Avatar

6 Points Posted on 10 October 2019
rent par kitna gst Lgta hy
or Lgta hy Ki perpas me Lgta hy
kitna %
Reply Share Follow
On 10 October 2019 at 10:11 Report
Replies (7)
User Avatar

Asst Accountant
24 Points Posted on 10 October 2019
GST on Rent is taxed @ 18% of the Rent paid. However, it is important to note here that GST is only levied on Renting of Commercial Property but not levied on Renting of Residential Property.
Reply
On 10 October 2019 at 10:31
User Avatar

6 Points Posted on 10 October 2019
Rent par 5% bhi Lgta hy kiya sir
Reply
On 10 October 2019 at 10:33
User Avatar

Student
23688 Points Posted on 10 October 2019
Commercial Property ka Rent ya Residential Property ka Rent ???
97 Reply
On 10 October 2019 at 12:04
User Avatar

6 Points Posted on 10 October 2019
Commercial property rent
Reply
On 10 October 2019 at 12:55
User Avatar

Student
23688 Points Posted on 10 October 2019
Rent received from letting out Residential House Property is Exempted from GST vide Notification No. 12/2017 - CT ( Rate ), dated 28.06.2017.

However Rent received from letting out Commercial Property is TAXABLE under GST. Rate of GST is 18%.
97 Reply
On 10 October 2019 at 21:08
User Avatar

Student
7053 Points Posted on 11 October 2019
Residential let out is not taxed;
and commercial property is taxable .
is there any limit like above 999?
184 Reply
On 11 October 2019 at 21:42
User Avatar

Student
23688 Points Posted on 11 October 2019
No Priya Ma'am ...

There is no such limit for Commercial Property. If Rental Income from Commercial Property exceeds Rs. 20 lakhs, then GST @ 18% is applicable.

Warm Regards.
97 Reply
On 11 October 2019 at 23:45


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details