Goods and Services Tax – Started By: – Kannan A – Dated:- 5-8-2017 Last Replied Date:- 7-8-2017 – GST rate for room rate ₹ 1000 to 2500 is 12%. In the service apartments like 2 bhk apartment we provide at rate ₹ 1500 per day which ₹ 750 per room . Does GST would be applicable for it ?Some time we also provide 2 bhk for ₹ 2000 per day which is ₹ 1000 per room which is under GST.Please clarify. – Reply By HimansuSekhar Sha – The Reply = Please specify whether it is renting for residential purpose or otherwise. The former does not attract gst. – Reply By HimansuSekhar Sha – The Reply = If commercial it attracts gst. – Reply By Rohit Sharma – The Reply = Please clarify the definition and difference of Residential
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =
individual? in such a case there will be no GST since the rent collected from two different individuals is less than ₹ 1000/-. However if you rent it out to a family then you have to pay gst since the rent charged is ₹ 1000/-. This is true in the case of rent is on daily basis. If the rent is charged on monthly basis for a family then gst is exempted since the service provided is renting residential premises which is not chargeable to gst. – Reply By Kannan A – The Reply = Thank you Sir for the response.1. 2 BHK apartment is rented to one family only . Most of the times family stay for one month to 6 months depends on their need. I don't put rental agreement . Just collect the monthly rent. Kindly confirm this is exempted fr
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =