Do You Have To Pay 18% GST On House Rent? A FactCheck
By Mohammed Kudrati A viral claim on social media, stating that the government will be charging 18% Goods and Services Tax (GST) on the rent paid by residential tenants is misleading, as the GST will only be levied on those tenants who themselves are registered under the GST. This change largely applies to corporate entities, businesses or persons who are GST-registered, and are renting residential property. It will not apply to salaried individuals since they are not registered under the GST. According to the Central Board of Indirect Taxes, those businesses having a turnover exceeding ₹40 la...