GST is applicable if you have rented your property out for commercial purposes. For owners who get more than Rs. 20 lakhs rent will have to register for GST.
The GST on renting of immovable property for commercial purpose will be applicable at 18% on the taxable value and rent would be treated as a taxable supply of service.
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What is the GST rate for rent on commercial property?
shyamginesh
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5 Year
2020-08-29T12:11:30+00:00 2021-02-19T16:05:47+00:00Comment
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