TMI BlogRenting of Immovable PropertyX X X X Extracts X X X X X X X X Extracts X X X X ..... I have given property on rent in same state. W.E.F. 01-07-2017, how much SGST and CGST i should charge in the bill and my tenant can get adjust this input tax against their output supply. Please guide me. Thanks - Reply By KASTURI SETHI - The Reply = 18 % with input credit. - Reply By Ashok Chopra - The Reply = Sir, Straight away 18% to we should split 9% SGST and 9% CGST as we are pro ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... viding this service within the state? Thanks - Reply By MARIAPPAN GOVINDARAJAN - The Reply = Since your turnover will be less than ₹ 1.5 crores, SGST only will attract, in my opinion. - Reply By Krishna V - The Reply = Sir, Irrespective of Turnover, supply of goods or services or both will attract both CGST and SGST. The CGST portion of the tax paid will go to Central government, SGS ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... T portion of the tax paid will go to the consuming state. - Reply By Himansu Sha - The Reply = The turnover limit is only for jurisdiction of the departments. Taxes will be same. - Reply By KASTURI SETHI - The Reply = Sh.Himansu Sha Ji,. Yes. It is department's headache how to distribute the share GST. The assessee does not come into picture in this aspect.Your reply has cleared the air. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - Renting of Immovable Property - Query Started By: - Ashok Chopra Dated:- 5-6-2017 Goods and Services Tax - GST - Got 6 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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