We are registered under GST and paying office rent 40k per month to an individual through BANK
is there any GST liability on us.
yes if you are paying GST to Unregistreed person than GST under reverse charge will be applicable
7 Replies
Neha Jain
(Chartered Accountant)
(1085 Points)
Replied 03 August 2017
yes if you are paying Rent to Unregistreed person than GST under reverse charge will be applicable
Pardha Saradhi
(Manager - Accounts)
(64 Points)
Replied 03 August 2017
THANK YOU FOR CLARIFICATION
ARE WE ELIGIBLE TO TAKE CREDIT OF THE GST PAID BY THE COMPANY
ARE WE ELIGIBLE TO TAKE CREDIT OF THE GST PAID BY THE COMPANY
Pardha Saradhi
(Manager - Accounts)
(64 Points)
Replied 03 August 2017
is that GST PAID UNDER RCM IS ELIGIBLE FOR AVAILING CREDIT
Chhatra Singh Dugar
(1464 Points)
Replied 03 August 2017
In your case GST on rent is to be paid by you under RCM and ITC for the same will be available to you
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