Is GST applicable for Rental Income? Means per day amount is less than 1000?
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Rental income
Replies (6)
yes if the rental income for the year crosses the threshold then GST wud be applicable
Per day amount is less than 1000/-,then also we have to pay the GST? Total turn over including sales & services above threshold limit.
Rent received for Residential or commercial ?.
Residential
Please refer Notification 12/2017 dt 28/6/2017 (C.T)(rate) sr no 12 to 14 .
Also confirm with others
Any limit is there for Commercial Purpose or all the amounts are applicable for GST?
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