gst on rent

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audit manager
38 Points Joined September 2016
rent payment made by company to individual whether GST applicable or not ??
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On 21 November 2017 at 17:26 Report
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1167 Points Joined April 2017
After 13 Oct it is exempt from gst
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On 21 November 2017 at 17:28
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New Updates
358 Points Joined November 2015
GST rate of 18% is applicability on rent service under RCM up to 13 Oct 2017 .afterthat it is exempted by govt of India up to 31.03.218 and only for section 9 (4)
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On 21 November 2017 at 17:37
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audit manager
38 Points Joined September 2016
if rent paid out of state than GST is applicable or not ?
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On 21 November 2017 at 17:43
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128147 Points Joined January 2015
Originally posted by : Harish purohit
rent payment made by company to individual whether GST applicable or not ??

Commercial or Residential...?

Individual means employee or tenant...?

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On 21 November 2017 at 17:57
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audit manager
38 Points Joined September 2016
tenant
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On 21 November 2017 at 18:01
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audit manager
38 Points Joined September 2016
commercial
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On 21 November 2017 at 18:02
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128147 Points Joined January 2015
Originally posted by : Harish purohit
commercial

GST is applicable for Commercial Rent as per threshold limit...

The Landlord is not registered under GST then You ll be pay tax under RCM basis. (From 1st July to 12th Oct-2017). From 13th no need RCM...

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On 21 November 2017 at 18:07
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audit manager
38 Points Joined September 2016
when payment made out of state then ??
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On 21 November 2017 at 18:11
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358 Points Joined November 2015
as per earlier of GST law ,if unregistered person wants to do business in interstate with registered dealer , then GST registration is compulsory to get unregistered dealer under RCM

after that new notification have issued by govt of India as GST registration is not compulsory for doing interstate business under RCM,
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On 21 November 2017 at 18:16
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128147 Points Joined January 2015
Originally posted by : Harish purohit
when payment made out of state then ??

As per my above reply continued to this and

You ll be pay tax and you can't avail ITC if the Landlord is URD...

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On 21 November 2017 at 18:19
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audit manager
38 Points Joined September 2016
thanks
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On 21 November 2017 at 18:22
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128147 Points Joined January 2015

U r welcome...!

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On 21 November 2017 at 18:24


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