GST on Rent of residential property, commercial property


Residential Property

A - If the landlord is registered under GST, there will be 18 percent GST under a forward charge basis.

B - If the landlord is not registered under GST, there is no GST on commercial property.

C - Whether the tenant is registered under GST – Does not matter and no GST is applicable.

Commercial Property

A - If the landlord is registered under GST - Does not matter and no GST is applicable.

B - If the tenant is registered under GST, no GST when it is rented to a private person or for personal use.

C - 18 percent GST on renting the residential unit if it is rented to the business entity.

๐Ÿ“ŒClaim: 18% GST on house rent for tenants.

For GST Registration - Contact Us
๐Ÿ“ž+91 - 81222 89593 / +91 - +91 81221 83745
๐Ÿ“ฉsupport@kanakkiyal.com






Comments

Popular posts from this blog

One-Person Company (OPC) Registration in India

Obtain Barcode Registration in India!