Sir/ Madam
One clarification whether payment of rent by post office for the building owned by pamchayat attracts 18% GST along with rent
1 Replies
CA Sunil Kumar
(Chartered Accountant)
(4524 Points)
Replied 02 July 2020
As per the GST Act, If Government or local authorities give immovable property on rent to a registered person, then GST is to be paid by the tenant under Reverse charge mechanism. If the tenant is an unregistered person, then the government will collect GST under the forward charge mechanism
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