Govt clarified on 18% GST on house rent for tenants as follows:-
– Renting of residential unit taxable only when it is rented to business entity
– No GST when it is rented to private person for personal use
– No GST even if proprietor or partner of firm rents residence for personal use
Govt clarified that Following claim on Twitter by a User is misleading –
Attention: Your house rent will now go up by 18%. Why? Because the Modi govt will now be charging GST to tenants on their house rent. Amidst a massive price rise, the cruel money-grabbing Modi govt is determined to squeeze every penny out of the pockets of ordinary Indians.