Скачать или смотреть Are you an NGO wondering about GST applicability?

Notification no -12/2017

🏠 Understanding GST Treatment for Rented Properties 🏠

If you own a property you're renting out, knowing how GST applies is essential. Here's a quick rundown:

Residential property: Enjoy a sigh of relief as residential properties are exempt from GST! 🚫

Commercial Property: If renting out a commercial space, be prepared for an 18% GST charge. 💼

Hotel Rooms: Good news for hotel owners! If the room tariff per day is less than ₹1000, it falls under the exempt category. 🏨

Hostel: For hostels, a standard 18% GST rate applies. 🏘️

Stay informed about the GST implications for your rented property to manage your finances wisely! 💰 #GSTonRent #TaxInsights #PropertyManagement #StayInformed