if a person is having a business where his turnover is above 1 crore and he has one property where he receive rent of Rs 10 lac p.a. in the same city. does he liable to pay GST @ 18% on rent where as clause says value of all such services should be more than 20 lac otherwise it is exempted from GST
You have to charge GST @18% on rent received for commercial property. For purpose of GST all taxable supplies has to be included and tax is applicable based on nature of supply.
In your case if rent was received in different state, then you could have escaped tax but in this case tax is to be charged and paid.
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