Gst for rent

This query is : Resolved

rakesh (Querist)
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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

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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03 April 2018 You have to collect it from tenant.

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KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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03 April 2018 You have to collect rent by Raising invoice, Same to be remitted before 20th of Subsequent month.

rakesh

rakesh (Querist)
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04 April 2018 How shall I proceed if the Tenent is showing resistance towards gst

Aashok Kumar Sharma online

Aashok Kumar Sharma online

(Expert)
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26 July 2024 **A. Educate the Tenant

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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