Gst on rent for residential property

This query is : Resolved 

07 August 2022 I am gst registered person and paying rent of Rs1924/ per month in cash to landlord. Bill is in my personal name. I received july 2022 bill in August 2022.How will I show in my books of proprietor ship firm residential bill? What will be the required journal entries? How much gst I am required to pay? Can I claim this gst? In which month should I claim? Please advise?

07 August 2022 18% of the rent paid each month is to be remitted under RCM. Yes, you can claim ITC in same month if used for business activity. Debit rent paid account every month.

07 August 2022 At present I am paying in cash the rent apart from firms account. How will now I show in firms books of accounts?


07 August 2022 Now onward pay it from firm's account, preferably by bank transfer.

07 August 2022 I have to pay from my proprietirship firms bank current ac by imps/neft. But amount is small sonI think I can pay in cash also.

07 August 2022 How gst reverse charge entries will be made? Which journal entries have to be passed in books of accounts for adjustment of reverse gst? How will we claim reverse gst by journal entries?

07 August 2022 I have to pay from my proprietirship firms bank current ac by imps/neft. But amount is small sonI think I can pay in cash also.

07 August 2022 We have never paid gst by reverse mechanism and claimed gst on reversed paid gst. We need to know how to pass the journal entries of reverse gst paid and claimed? Pl give the details of journal entries.


07 August 2022 Whether you are composition dealer or normal dealer?
Whether the residence is used for personal dwelling or business purpose?

07 August 2022 I am a Normal dealer!

07 August 2022 You need to pay GST under RCM, directly to the government via Form GSTR-3B. You need to furnish Table 3.1 D of GSTR-3B to pay the GST liable to RCM.

07 August 2022 How will I book the rcm in my books of accounts?


07 August 2022 What journal entries need to passed in my books of accounts?

07 August 2022 Clarify first the usage of residential unit. Because treatment will differ based on its usage.

07 August 2022 I use to for my residence with my family. This is the usage


07 August 2022 Whether ITC WILL BE AVAILABLE ON RESIDENCE USE? PLEASE CLARIFY?

07 August 2022 No. ITC cannot be claimed if the service is not used in furtherance of business activity.

07 August 2022 I am using my residence for office purpose also. All sales and purchases are made from office only. I am keeping all physical documents in my redidence

07 August 2022 I am using my residence for generation of eway bills also. All my purchase and sales are made from my residence

07 August 2022 In these circumstances can I claim gst on residential rental? Please clarify?

07 August 2022 If it the same residential unit, for which you need to pay GST under RCM, then yes you can claim proportionate ITC.

07 August 2022 How will we claim proportionate Itc? What is the formula to claim proportionate Itc?

07 August 2022 Area used for business purpose of total area of the unit.

13 August 2022 Will personal use attract reverse gst? Please clarify as new tweets come on Twitter?

13 August 2022 Government clarified GST would be levied only when the residential unit is rented out to a business entity. “No GST when it is rented to private person for personal use. No GST even if proprietor or partner of firm rents residence for personal use.”
The clarification provided relief to GST-registered proprietors or partners in GST-registered firms who take on rent immovable property for their personal use such as renting a house for family accommodation.



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