Sir I am registered person and paying 8500 as rent of my shop to an unregistered person. What will be effect after gst. If yes pls tell the calculation under gst
siddharath (1) (115 Points)
27 June 2017Sir I am registered person and paying 8500 as rent of my shop to an unregistered person. What will be effect after gst. If yes pls tell the calculation under gst
JITENDRA KUMAR SHARMA
(ARTICLE)
(213 Points)
Replied 27 June 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(166601 Points)
Replied 27 June 2017
As you are registered dealer, and landlord is unregistered.........
So, you will have to pay GST @ 18% over the rent under RCM. ITC of the same can be availed from output supply, if you have not opted for composition scheme. ...
JITENDRA KUMAR SHARMA
(ARTICLE)
(213 Points)
Replied 28 June 2017
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