GST ON RENTING OF IMMOVABLE PROPERTY SERVICE For every space renting out or lease it out for commercial purposes, the liability of GST (Goods and Services Tax ) arises. So, maximum in the cities or towns where commercial business are happened, part of the building or whole of the buildings are rented out or lease out to business organizations, the owner is liable to take registration of GST from the nearest Office. They have to collect the GST from the tenants or Lessee for the payment of GST to the Government Account. Other the related details of this service are given below and and for every update, clarifications from the BOARD will be updated in this page.
Updates and guidance about the all new Tax Regime of New India , GST - Goods and Services Tax. Changes from erstwhile Central Excise and Service Tax Regime to GST Regime.