Rent - reg
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 August 2017
A Company situated in Tamilnadu having branch at Mumbai is paying advance rent of Rs.480000, to at the rate of Rs.20000 per month, which will be deducted over a period of 24 months. Kindly clarify the applicability of GST in this case.
01 August 2017
On payment of advance you will receive a receipt voucher. But you cannot take credits on the basis of receipt voucher. On month end end you will receive an invoice of Rs. 20000. You can take credits only to the extent of GST on Rs. 20000.
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
- GST Regis.
- Tax on capital gains revoked us 54f
- Inventory of finished goods
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Filing of Form 10BB instead of Filing Form 10B
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Refund of AY 22-23
- Disallowance of Section 43B(h) to sez units
- Should I include march foreign salary received in April in my income for FY 2023-24?
- GST Registration Cancellation books of accounts asked by officer
- TDS deduction 194J instead of EPF
- TDS Deduction Online Learing Platform
- Point (III) 9 of GSTR-9C
- As per our records, find the below outstanding demand(s)* and interest payable u/s 220(2):
- Regarding transaction th. credit card
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
