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No GST on residential unit if rented out for personal use: Finance ministry

NEW DELHI: Residential properties if rented out to private persons for personal use will not attract Goods and Services Tax, and no GST will be charged on food items sold loose, a finance ministry official said. A section of media misreported that house rent paid by tenants will attract an 18% GST, which is factually …

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Confused whether you need to pay GST on rented house? Centre clears the air

The Centre said renting of residential unit taxable only when it is rented to business entity. The Centre on Friday cleared the air whether those staying at a rented accommodation needed to pay goods and services tax (GST). The Press Information Bureau issued a detailed clarification on the provisions of GST which is applicable on …

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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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