GST on Rent of Residential Property

Goods and services tax (GST) is an indirect tax imposed on the supply of goods and services in India. It is a comprehensive tax levied on the manufacture, sale and consumption of goods and services at a national level. Rent of residential property is also subject to GST.

What is GST on Rent of Residential Property?

GST on rent of residential property is the tax payable by a tenant to the landlord when renting a residential property. It is levied at a rate of 18% on the rent paid for residential accommodation. However, there are certain exemptions for certain categories of tenants such as senior citizens and disabled persons.

Who is liable to pay GST on Rent of Residential Property?

The tenant is liable to pay GST on rent of residential property. The landlord is responsible for collecting the tax from the tenant and depositing it with the government.