TaxTMI 
TaxTMI 
A partnership firm is getting rental income from Godown. Present rent per month is ₹ 73500/-. Earlier, even though it is not under the ambit of service tax, we have registered with and now migrated to GST. Now the tenant is asking for bill with GST. Since we are making service turnover of below ₹ 20 lakhs, is it necessary to collect & pay GST??
Registration and raising bill for service
31 Jul 2017 
3 Replies 
1150 Views Asked by
Obligation to charge GST: registered suppliers must issue GST invoices and remit tax; otherwise surrender registration.
A person registered under GST must issue tax invoices and collect and remit GST on taxable supplies regardless of whether aggregate turnover is below the threshold; aggregate turnover includes taxable and non taxable receipts. If a registrant wishes to avoid charging GST because turnover is below the exemption limit, the available option is to surrender GST registration through the statutory cancellation process. (AI Summary)
A person registered under GST must issue tax invoices and collect and remit GST on taxable supplies regardless of whether aggregate turnover is below the threshold; aggregate turnover includes taxable and non taxable receipts. If a registrant wishes to avoid charging GST because turnover is below the exemption limit, the available option is to surrender GST registration through the statutory cancellation process. (AI Summary)