The government's official fact-checker today responded to social media posts claiming tenants would now have to pay 18% GST on house rent.
When a house is rented to a private person for personal use, there will be no GST.
In addition, GST would not apply to a firm's proprietor or partner renting a residence for personal reasons.
Renting a residential unit to a business entity, however, will become taxable.
The rent of a residential unit is taxable only if it is rented to a business entity.
When rented to a private individual for personal use, there is no GST.
There is no GST even if the proprietor or partner of a company rents a residence for personal use," PIB Fact Check tweeted.