gst on rent

15 December 2017

if i pay rent of my commercial property then shuld i get input tax benifits in GST3B.

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5 Replies

CA Mayur Todmal (Practicing CA) (7756 Points)
Replied 15 December 2017

If you are using property for business purpose and paid GST on rent you can avail input credit. Please provide your GST no to owner of property.

sunita sahoo (42 Points)
Replied 15 December 2017

is there any kind of norms that a limited amount can be under gst input credit

CA Mayur Todmal (Practicing CA) (7756 Points)
Replied 15 December 2017

no, tiil date there is no norms

sunita sahoo (42 Points)
Replied 15 December 2017

But if i pay 60k rent montlhy and hvng no bill then can i use the tax amt in credit input

Ayyasamy (GST Practitioner) (346 Points)
Replied 15 December 2017

if the vendor claim the gst amount to you u avil the credit .

if the vendor not claim GST you pay under rcm to take back credit

in GST rules is matching concept only then not worrry abt invoice

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