Key Note on applicability of GST@18% on Rent
Renting residential property got expensive Now GST on service of renting residential dwelling of w.e.f. 18-07-2022 Starting 18 July 2022, Goods and services tax will be applicable on residential property renting to a person registered under GST. But, In case the property is rented to an unregistered person, GST would not be charged. And it …