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Do you need to pay GST on rented house? Check new rules applicable from July 18

Are you a tenant and registered with the Goods & Services Tax (GST) system? From July 18, you will have to pay 18 per cent GST on the rented residential property, as per the recommendations of the 47th GST Council meeting. However, the tenants can claim this as a deduction while paying tax on the …

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