Shop Given on Monthly Rent Base whether GST LIBILITY RAISE OR NOT

[BHAKTIKANT BHATT]

Sir

I have purchased 2 Shop Area 400 Sq. Feet Each. Now 

January 2025 onwards I give this 2 Shop on Monthly Rent Rs. 14000/Each To Dkshin Gujarat Electricity Board. 

Sir My Question is What is GST LIABILITY ON US. I NEED TAKE GST REGISTRATION?

Pl give your valuable suggestions for this matters.

Thanks

[Alkesh Jani]

Shri,

You are required to take registration if the value of taxable supply exceeds threshold limit i.e. Rs. 20 Lakhs, if there is not other taxable service or goods other than renting of immovable property, are supplied by you.

Thanks

[Sadanand Bulbule]

Good suggestion.

[Jayaram Yarram]

Sir, +1 "20L per annum"

[BHAKTIKANT BHATT]

Sir

No other income only  this 2 shop rent

This Shop in name of My Wife. I am working in private company as Commercial officer.

[Jayaram Yarram]

Then No need to take registration in that case. GST would not be applicable on rent charged to the tenants

[Shilpi Jain]

If no other income and the rental income is not exceeding Rs. 20L, no GST registration required.

Though voulntary registration is permitted if you wish to take.

AI Summary

GST registration threshold: renting shops may not trigger registration if rental supplies do not surpass the annual taxable supply threshold. Registration for Goods and Services Tax is required only if the value of taxable supplies exceeds the statutory annual threshold of Rs. 20 lakhs; if the landlord supplies only renting of immovable property and annual rent from the two shops remains below that threshold, GST registration is not required, although voluntary registration is permitted.