It has been held by the AAR that when the rent is collected together and divided equally between respective co-owners of a jointly owned property, the small business exemption for registration under GST will be available to all the co-owners separately. The total rent from all the properties will not be a factor in this case.
Author: Hind Advocates
Hind Advocates is a group of lawyers operating in High Court of Punjab & Haryana at Chandigarh. It provides Corporate legal advices and handles client cases in all subjects such as civil and criminal, arbitration, services and labour laws.