Easy Office
LCI Learning

LEASING BUILDING

This query is : Resolved 

30 January 2021 DEAR SIR,

IS GST APPLICABLE ON LEASING COMMERCIAL BUILDING FOR THREE YEARS. ONE MY CLIENT IS LEASE HIS BUILDING FOR 5,00,000/-. BOTH OWNER AND MY CLIENT ARE HAVING GST NO. HOW TO PAY GST ON LEASE AMOUNT WHETHER GST ON ENTIRE LEASE AMOUNT MEANS 18% RS 90000/- WHEN HE RECEIVED THE AMOUNT. IT IS VALID ONCE PAID GST IS ON LEASE TERM.

PLEASE CLARIFY ME

REGARDS

31 January 2021 GST applicable on leasing of commercial building. If entire 5 lacs is received GST payable is 90,000 it's valid for entire lease term.

31 January 2021 thank you sir your replies

regards


31 January 2021 You are welcome.......



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query