Rent paying to individual
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 July 2017
Dear Experts,
We are paying rent to 8 number of an Individual persons every month 45000/- per month for a leased premises,
our company is a Registered GST Dealer that 8.Individuals are Unregistered dealers,
A. Please give clarification may i need to pay GST under Reverse Charge Mechanism ?
B. If yer How much % i need to pay ?
Dear Experts,
We are paying rent to 8 number of an Individual persons every month 45000/- per month for a leased premises,
our company is a Registered GST Dealer that 8.Individuals are Unregistered dealers,
A. Please give clarification may i need to pay GST under Reverse Charge Mechanism ?
B. If yer How much % i need to pay ?
24 July 2017
Yes, since you are a registered person under GST and receiving services from unregistered person so you are liable to pay GST under reverse charge and GST is to be charged @18%.
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 July 2017
Thank you sir,
Please share the Notification or Section number
Please share the Notification or Section number
24 July 2017
Section 9(4) says that tax is to be paid by receipient regd dealer under reverse charge...
24 July 2017
Yes, you can refer sec 9(4) of CGST Act/5(4) of IGST Act/7(4) of UTGST Act.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- Event company query
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
Trending Online Classes
CAclubindia
