GST Rate for Income from Rent from Immovable Property

[Kalpessh Daftary]

Dear Sir,

We ( Company ) are register as required for Income from Rent from Immovable Property in service tax and now we also register under GST. We issue a invoice for the Rent from Immovable Property

Que. : What tax we had collect Tax and %

IGST % ?

SGST %?

GST % ?

Please clarified the GST tax %

Kalpesh Daftary

[KASTURI SETHI]

18 % with full ITC.

Within State CGST 9% + SGST= 9%

or IGST 18 %

AI Summary

GST on rental income: taxable with full input tax credit; intra-state split between central and state components.
Rent from immovable property invoiced by a registered supplier is subject to GST and eligible for full input tax credit; intra state supplies are taxed through separate central and state components, while inter state supplies are taxed under the integrated levy, and invoices should reflect the applicable GST treatment and ITC entitlement.