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
GST Exemption for Property Rental: No Registration Needed When Annual Income Below Rs. 20 Lakhs A property owner rented two shops to an electricity board for Rs. 14,000 monthly per shop. The discussion explores GST liability, with consensus that no GST registration is required since total annual rental income does not exceed Rs. 20 lakhs and there are no other taxable income sources. Voluntary registration remains an option if desired. (AI Summary)