Uday Kumar (5 Points)
29 November 2018SIR,
ONE OF MY CLIENTS RECEIVING COMMERCIAL RENTAL INCOME WITH GST, BUT TENANT NOT PAYING REGULARLY, AND TENANT MIGHT TAKING 3 TO 4 MONTHS TIME TO DEPOSIT RENTAL INCOME, WHETHER OWNER IS RESPONSIBLE TO PAY GST EVERY MONTH OR ANY OTHER PROVISION IS THERE.
THANK YOU IN ADVANCE
Sayan Gupta
(Accounts Professional)
(176 Points)
Replied 29 November 2018
The owner is liable to pay gst when one of these three events occurs namely receiving payment, issuance of invoice or completion of supply. Therefore in your case the owner is liable to pay gst in every month.
pritesh
(CA Final student)
(7101 Points)
Replied 29 November 2018
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