CCI Online Learning
What do you want to learn today?
     
CIBIL

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Rent par gst


Radha Raman   10 October 2019

Radha Raman

 6 points

| My Other Post

rent par kitna gst Lgta hy
or Lgta hy Ki perpas me Lgta hy
kitna %

avater

S.Ravichandra (Asst Accountant)     10 October 2019

S.Ravichandra
Asst Accountant 
 24 points

View Profile | My Other Post

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.

avater

Radha Raman   10 October 2019

Radha Raman

 6 points

View Profile | My Other Post

Rent par 5% bhi Lgta hy kiya sir

avater

Shivam RC (Student)     10 October 2019

Shivam RC
Student 
 2115 likes  16870 points

View Profile | My Other Post

Commercial Property ka Rent ya Residential Property ka Rent ???

avater

Radha Raman   10 October 2019

Radha Raman

 6 points

View Profile | My Other Post

Commercial property rent

avater

Shivam RC (Student)     10 October 2019

Shivam RC
Student 
 2115 likes  16870 points

View Profile | My Other Post

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%.

2 Like
avater

Priya Kashyap (Student)     11 October 2019

Priya Kashyap
Student 
 848 likes  6951 points

View Profile | My Other Post

Residential let out is not taxed;
and commercial property is taxable .
is there any limit like above 999?

avater

Shivam RC (Student)     11 October 2019

Shivam RC
Student 
 2115 likes  16870 points

View Profile | My Other Post

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.


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  




Popular Discussion


view more »



Trending Tags
shares stock
sebi
mca
custom
gst council meeting
gst portal
Others
icsi
rbi
career
icai
gstr 9
Info Technology
epfo
tds
cag
dgft
Union Budget
accounts
ca exams may 2020
aatmanirbhar bharat
gstr 3b
cbdt