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

[KASTURI SETHI]

18 % with input credit.

[Ashok Chopra]

Sir,

Straight away 18% to we should split 9% SGST and 9% CGST as we are providing this service within the state?

Thanks

[DR.MARIAPPAN GOVINDARAJAN]

Since your turnover will be less than ₹ 1.5 crores, SGST only will attract, in my opinion.

[Krishnamurthy V]

Sir, Irrespective of Turnover, supply of goods or services or both will attract both CGST and SGST. The CGST portion of the tax paid will go to Central government, SGST portion of the tax paid will go to the consuming state.

[Himansu Sekhar]

The turnover limit is only for jurisdiction of the departments. Taxes will be same.

[KASTURI SETHI]

Sh.Himansu Sha Ji,. Yes. It is department's headache how to distribute the share GST. The assessee does not come into picture in this aspect.Your reply has cleared the air.

AI Summary

Intra-state supply GST: charge both central and state components, and tenant may claim input tax credit. Renting of immovable property supplied within the same state attracts both CGST and SGST; the forum notes a combined GST rate referenced at eighteen percent split equally, and that tenants can claim input tax credit. Turnover thresholds affect registration and departmental jurisdiction but do not alter the required central/state tax split.