Question ID :
19887
turnover for regn
a salaried person is having rental income. salary Rs.15 per annum rent Rs.10 lakhs per annum. for liable to regn purpose Rs.22 L or Rs.10 L to be taken.
Posted by
t sankar
on
Jul 21, 2017
Filed Under
GST
If rent is received from residential property, it is exempt.
Posted by
CA. chunauti dholakia on
Jul 22, 2017
Answer ID :
53623
In my view not liable for registration as the salary cannot be considered for calculating total turnover as the same is not considered as supply under schedule 3.
Posted by
Satish Hebbar on
Jul 23, 2017
Answer ID :
53638
in my view, salary is not considered as supply, so not liable for registration for rental income.
further the person paying rent have to deposit Gst on reverse charge if not registered
Posted by
CA JEET REWRI on
Jul 24, 2017
Answer ID :
80308
Not liable to take gst registration as salary is neither a supply of good not supply or service and is not considered while calculating aggregate turnover.
Posted by
CA MNS Karthik Reddy on
Dec 24, 2019