An Individual providing his shop on rent and is also doing other business, he has a GST registration and is filing the returns but he has not charged GST on Rent for F.Y 2017-18 and also upto Oct 2018. Now what is the solution if he wants to recover the GST from the other party upto October 2018 and under which provision is it possible.

Reply

It was clarified that “GST is leviable only if aggregate turnover is more than 20 lakh for computing aggregate supplies, turnover of all supplies made by taxpayer would be added.” As letting out of immovable property is also a taxable supply, rental income is also a part of aggregate turnover. Further taxpayer should raise taxable invoice if such rental income is related to commercial premises.

In GST there is no provision to recover amount of GST from the recipient of service until unless the service provider will raise a GST invoice within stipulated time period.