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What is the threshold limit for GST Registration in case of Rent Income Recieved?

What is the threshold limit for GST Registration in case of Rent Income Recieved?

Reply— 

As per Notification no. 12/2017 (central tax rate) dated 28.06.2017 " Services by way of Renting of Residential Dwelling for use as residence" is exempted from GST. 

Renting of immovable property for Commercial purpose attract 18% GST rate under SAC code 9972. If turnover is more than Rs. 20 lakhs, such person will be required to take registration under GST. 

Posted Date: Oct 13, 2019
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