Renting of Immovable Property

[Ashok Chopra]

I have given property on rent in same state. W.E.F. 01-07-2017, how much SGST and CGST i should charge in the bill and my tenant can get adjust this input tax against their output supply.

Please guide me.

Thanks

AI Summary

18% GST on Same-State Property Rentals: 9% SGST + 9% CGST; Applicable Regardless of Turnover, Input Tax Adjustment Possible. A user inquired about the applicable Goods and Services Tax (GST) rates for renting out property within the same state, asking how much SGST and CGST to charge and whether the tenant can adjust this input tax against their output supply. Responses indicated that an 18% GST rate applies, split into 9% SGST and 9% CGST. Despite differing opinions on turnover thresholds, it was clarified that both SGST and CGST are applicable regardless of turnover, and the division of tax revenue is managed by the respective government departments.