GST on Rent

[DEEPAK SHARMA]

Two individuals running separate proprietorship firm regd with GST. both are a joint owner of a commercial property. a rent agreement has been formed in which both are first party.

-how they will charge GST on rent ?

-both are interested to issue a single bill of rent in any name.

-Please suggest.

AI Summary

Separate supplier status generally requires individual GST invoices; single invoice only if sole financial owner.
Where co-owners are separate financial owners and each receives rental income by share, each is a distinct supplier and must issue its own GST invoice; no rule permits two registered suppliers to issue a single consolidated GST invoice. If only one person is the financial owner despite joint record ownership, the supply may be treated as from that single owner and a single invoice may be appropriate. Treating the arrangement as an association of persons is risky and requires separate consideration.