What is the GST on Commercial Space Rent?

Even if your society is coming under the purview of GST,  following exemptions are available for the Society from GST. GST need not be charges under following circumstances:

  1. Renting out of Space / Real Estate for Commercial Activities (such as Mini Market, Small Eateries etc) up to Rs. 10,000/- per month rent.

If it exceeds Rs. 10,000 per month – 18% GST must be levied.

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