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Gst on rent

Devendar Chawla (Service) (74 Points)

02 July 2017

I am paying rent for office. Do I have to pay gst to landlord.

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11 Replies

Deepak Kumar (Chartered Accoountant) (270 Points)
Replied 02 July 2017

If you are registered under gst than you are liable to pay gst under RCM @ 18% on Rent paid to landlord, but if you are not registered, there is no requirement to pay gst for the same

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Shivam Agarwal (8 Points)
Replied 02 July 2017

yes if both r not registered then no prpblem

Devendar Chawla (Service) (74 Points)
Replied 02 July 2017

Thanks deepak, I am registered but landlord is individual. further rent is 30K pm

Devendar Chawla (Service) (74 Points)
Replied 02 July 2017

are we eligible for input tax credit

Vinay Garg (Student cum businessman cum professional) (859 Points)
Replied 02 July 2017

Dear Mr.Devendar,
you are liable to pay GST @ 18% under RCM on rent. Because the rent is for business purpose, you can claim its ITC.
Further, you need to pay the rent to landlord after deducting 10% TDS, as the annual rent is more than 1.80 lakh.

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Rohit Bhatia (Accounts Service) (331 Points)
Replied 03 July 2017

please tell us RCM charge after TDS deduct or before TDS deduct. how will RCM charge on bill?

P C Agrawal (Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad) (8229 Points)
Replied 03 July 2017

- Rent on commercial property is taxable, but residential property is exempted.

- If the aggregate turnover of goods & services of the landlord all over India under the same PAN is over Rs.20 lacs, registration is mandatory.

- Tenant can take ITC if used for business.

- If landlord is not registered but tenant is registered, GST has to be paid by the tenant under reverse charge mechanism.

- Rate of GST on rent is 18% under heading 9972.

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P C Agrawal (Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad) (8229 Points)
Replied 03 July 2017

ashish (accountant) (24 Points)
Replied 03 July 2017

Dear Sir,

I have Provider the Franchisee Services for Fooding Restaurant. So please tell me the Under GST Services Name with HSN/ SAC code.

Regards

Ashish Kumar

Accountant

Palanikumar Palaniappan (2 Points)
Replied 13 September 2017

I have rented to a bank. My total TO is within threshold. Bank insists on deducting gst from the rent. Kindly advice

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Anita Ramchandani (Partner) (24 Points)
Replied 21 September 2017

Dear sir, i want to know that i m paying the rent to lanload so i want to know that shall i m liable to pay gst on rent and shall i get the Input credit on that gst in RCM and should i deduct the tds on that rent amount. and i m a registered person . so shall i get the credit of that gst paid ?