03 April 2018
I have a piece of land rented a petrol bunk company not directly but to dealer and I do possess a gstin now I have to pay gst for the rental income or I should collect form Tenent pls do reply
Clarify GST Applicability: Explain to the tenant that GST is applicable on commercial rental income as per GST laws. Provide Documentation: Show them the GST Act provisions or relevant notifications that clarify the applicability of GST on commercial rent. **B. Negotiation
Discuss Terms: If the tenant is resistant, negotiate how the GST will be handled in the lease agreement. This can include adjusting the rent to account for GST or agreeing on a way to manage the GST component. Lease Agreement: Ensure the lease agreement clearly states the rental amount and GST provisions. **C. Consultation
Professional Advice: Consult with a GST professional or tax advisor to ensure that you are handling GST correctly and to get assistance in resolving any disputes with the tenant. Legal Recourse: If necessary, legal advice might be required to address any persistent issues.
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