https://www.taxtmi.com/forum/issue?id=115005 Interest income and rent from residential property are nil rated supplies, while rent from commercial property is a taxable supply and counts toward aggregate turnover for registration under section 22; aggregate turnover includes all taxable and exempt supplies excluding inward supplies taxed under reverse charge. The allocation of GST on rent paid by a company to its director depends on whether renting services are treated as supplied in the director's personal capacity (forward charge) or fall under the reverse charge mechanism as contemplated by notification entries referring to a director. en-us Fri, 24 May 2019 19:45:27 +0530 Thu, 23 Jan 2025 15:55:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115005 Interest income and rent from residential property are nil rated supplies, while rent from commercial property is a taxable supply and counts toward aggregate turnover for registration under section 22; aggregate turnover includes all taxable and exempt supplies excluding inward supplies taxed under reverse charge. The allocation of GST on rent paid by a company to its director depends on whether renting services are treated as supplied in the director's personal capacity (forward charge) or fall under the reverse charge mechanism as contemplated by notification entries referring to a director. Discussion-Forum GST Fri, 24 May 2019 19:45:27 +0530 https://www.taxtmi.com/forum/issue?id=115005