Renting your immovable property? Key GST obligations you should know

If you are owning a residential house or flat or may be an office or a shop and considering to rent/lease it out, you should know about the GST obligations involved, as renting of immovable property qualifies as supply of service under GST law. 1.0 Renting of residential dwelling for use as residence is exempt Under GST law, exemption has been provided in respect of services by way of renting of r…