FAQ's for SPACE

FAQ's for SPACE

Is there a contract to be signed?
An NOC is to be signed at the end of the lease.
Fri, 4 May, 2018 at 5:11 PM
Do I need permits to lease out my space?
YES.
Fri, 4 May, 2018 at 5:11 PM
To what extent am I accountable for problems like electricity and water shortage
Electricity and water account for amenities which are a part of space. Incase of problems, the space owner will be accountable.
Fri, 4 May, 2018 at 5:12 PM
Will I have to look after the cleaning and staffing of the space?
If the lease is less than 30 days, we recommend that space owners keep electric and water running for the short-term tenant and factor it into the rent. If ...
Fri, 4 May, 2018 at 5:12 PM
The amount I list on my space should be inclusive or exclusive of GST?
All the prices listed are exclusive of taxes.
Fri, 4 May, 2018 at 5:12 PM
What percent GST will be charged on the transactions?
18% GST will be charged on the transactions.
Fri, 4 May, 2018 at 5:13 PM
Will I have to pay GST or will the rent cover it?
GST will be paid separately.
Fri, 4 May, 2018 at 5:13 PM
What percent of the rent is taxable under such circumstances?
18% of the rent is payable as GST.
Fri, 4 May, 2018 at 5:13 PM
Do I have to provide my PAN number for transactions?
If you are a registered under GST, please provide your GST number to avail benefits under GST and PAN Card number to facilitate TDS transactions.
Fri, 4 May, 2018 at 5:13 PM
Do I need to have a GST number for the transactions?
If you are a registered under GST, please provide your GST number to avail benefits under GST and PAN Card number to facilitate TDS transactions.
Fri, 4 May, 2018 at 5:14 PM