07 September 2017
Dear Sir/Madam, We are registered under GST regime. We were paying Rent to landlord above 55,000/-. Our landlord is also registered under GST regime.
RENT 55000/- TO LANDLORD 52250/- TO TDS 2750/- Now what amount we have to pay
07 September 2017
Land Lord will issue GST Invoice for Rent 55000+ 9900(GST@18%)= Rs. 64,900/-, You have to pay after deduction 10% TDS u/s 194I on 55,000/- (64900-5500)= 59,400/-. You can take input credit of 9,900/- if the premises is used for business purpose.
CAclubindia
