Question ID :
Commercial rent received by a compo opted trader
A sole proprietor trader opted composition scheme and paying GST @ 1% on Turnover. From this month he started getting commercial rent on renting of his property. Getting Rs 22,000/- per month (rent receipt is within limit specified ie 10% of TO or Rs 5 Lakh whichever is higher). What is GST rate for Commercial rent for this compos dealer?
Jul 25, 2019