Whether Gst Is To Be Charged On Rent Received For A Residential House?


Anonymous
watch_later 3 years, 4 months ago

If a company is engaged in business of letting and sub-letting of houses, flats, apartments etc. whether GST should be charged on this transaction?

Whether building owner should charge GST on rent received from company?

Whether company should charge GST on rent received from individuals staying in house for non-commercial purpose?

  • chatComments
1 Answer

Pulkit Sharma watch_later 3 years, 4 months ago
arrow_drop_up
0
arrow_drop_down

Any property given on lease or rent for commercial purpose, GST is to be charged at 18%.

Renting of residential dwelling for use as residence is exempted from GST.

  • chatComments
Did Not get Answer?

Join the largest Taxation Q&A platform on internet and ASK YOUR OWN question.

Ask your Question

You need to be logged in to answer.

Ask Question