29 August 2017
A registered person pays monthly rent to unregistered landlord for his shop of Rs.10,000.00.Whether he has to pay gst@18% on Rs.10,000.treating it a transaction u/s 9 (4) i.e gst on over & above Rs.5000 per day or he has to pay gst on the total monthly rent.ITC on the reverse charge so paid can be claimed on the same or next month?
CAclubindia
