Poonawalla fincorp
Poonawalla fincorp

Crm exp for composition dealer


03 August 2017 Sir if Composition dealers paying shop rent to URD on rcm basis then input credit available or not ?

03 August 2017 Not available.......

03 August 2017 Regd. Dealer paying rent 30000/monthly to URD..if he pay 1000 daily then pls confirm rcm applicable or not


03 August 2017 It will come under exemption provided the limit of 5000 is not exceeded due to other purchases from unregistered dealers.

03 August 2017 Sir i want to know if dealer not purchase any other service/goods from URD then it is legal examtion that rent pay to landlord on daily basis

03 August 2017 Because before month paid as monthly

03 August 2017 Totally legal. Just amend your agreement. You can also pay in two installments per week.

03 August 2017 Define days for payment of rent in your agreement. Like tuesdays and thursdays of every week or anything that suits you


04 August 2017 Sir pls also confirm the mode of payment...can dealer pay cash if check not cumpolsary

04 August 2017 No compulsion

04 August 2017 Thanks a lot sir for ur kind information pls one more doubt clear If dealer paying 50000rs rent then how it will divine in week

04 August 2017 You can go for three times a week. But this is against the spirit of law but anyway totally legal.


04 August 2017 Sir i can understand but 18% rcm gst on rent So costly for tenant..its landlord liability to pay tax on rental income but in gst its opposite

04 August 2017 As i said totally legal provided you dont exceed the limit due to other purchases from urd



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