Person having income from Export and Rent (On Rent, GST has been paid under RCM)

[JIGAR SHAH]

Issues for F.Y 2019-20

A person having income from Export of service of and ₹ 14 Lacs (Export under LUT) and rental income of ₹ 9 lacs, on which RCM has been paid by Company. The aggregate of such income is more than 20 lacs during the year.

Does this person need to get register under GST?

AI Summary

GST Registration Required for Export Services and Rental Income Over 20 Lakhs; Rental Income Counts in Turnover per RCM. A person with income from export services and rental income, totaling over 20 lakhs for the fiscal year 2019-20, inquired about the necessity of GST registration. The rental income, subject to GST under the Reverse Charge Mechanism (RCM), is included in the aggregate turnover. Respondents confirmed that GST registration is required, emphasizing that the rental income, despite being paid under RCM, contributes to the service provider's turnover. A clarification was sought regarding the nature of rental income subject to RCM.