Annoynmous 13 March 2024

GST REGISTRATION

Please advice how much should be the value of stamp for rent agreement , as this agreement is required while registering for GST

Thank you.

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Quick Summary

This discussion clarifies the stamp duty requirement for rent agreements needed for GST registration, noting it's a state subject. It also explains that while residential property rentals are GST-exempt, commercial property rentals attract an 18% GST rate. A stamp duty of Rs 100 is typically sufficient for an 11-month agreement.

3 Replies

T. Kalaiselvan, Advocate (Advocate) 13 March 2024

The stamp duty is the state subject.

Hence you can enquire about it locally

1 Like

Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 ) 13 March 2024

When you rent out a residential property for residential purposes, it is exempt from GST. Any other type of lease or renting out of the immovable property for doing business would attract GST at 18%, as it would be treated as a supply of service