i have two shop on rent total rent paid 10700/- by bank every month what treAtment in gst
4 Replies
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 10 August 2017
The treatment will depend upon the registration status of lanllord and yours.
If landlord is regd, he will give your invoice and charge GST. and you can claim ITC if you are regd.
If he is URD, and you are regd, you have to pay GST under RCM.
Saksham Sood
(17 Points)
Replied 10 August 2017
if both are unregistered then there is no issue of GST
Pakshal
(ca student)
(110 Points)
Replied 10 August 2017
RCM is not applicable if the threshold of Rs. 5000 per day is not exhausted.
Recent Topics
- What is the GST return due date F.Y 2017_18 and 20
- GGT registration -Rejection
- TDS ON PURCHASE OF PROPERTY HAVING MORE THAN 1 BUY
- Guidance Requirement
- Purchase detail not reflected in GSTR2A download f
- Cash received Section 269ST
- Sale of property and section 54
- Director salary in public limited company
- Passing entries
- Query on E-Way Bill Generation for Aluminum Scrap
Related Threads
CAclubindia
