GST on Rent Income:

Revenue Secretary Hasmukh Adhia said at the GST master class that:

(a) if the house property is rent out for residential purpose- NO GST at all.

(b) if the house property is rent out for commercial purpose (office/ shop)- NO GST upto Rs. 20 Lakhs rental income

(c) if the house property is rent out for commercial purpose- GST will be levied if rental income is more than Rs. 20 lakhs.

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