Gst on Rent

Tarun (Trainee Accountant) (40 Points)

18 December 2017

I am paying my godown rent. @ 18%
can anyone told the impact of its in gstr return like 3B and GSTR1

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10 Replies

Murugaperumal Jayaraman (70 Points)
Replied 18 December 2017

It will have to show in Outward supply

Umesh shah (27 Points)
Replied 18 December 2017

gst on rent is 18%

Umesh shah (27 Points)
Replied 18 December 2017

yes it in impact in 3B

Neelam Dhangar (7 Points)
Replied 18 December 2017

you shown this details in form 3 b as a inward supply and also take credit of gst which is paid by u and landlord shown its in outward supply

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DmAdvisor Anurag (Executive) (22 Points)
Replied 18 December 2017

GST on rent is 18% and yes it in impact in 3B.

Raman Khullar (30 Points)
Replied 18 December 2017

Neelam Ji is right it is inward supply for you

Mondira Saha (GST) (3925 Points)
Replied 19 December 2017

you can treat this as purchase ..
if there is no tax then this is exempt

YOGESH SONI (Consultancy) (47 Points)
Replied 19 December 2017

YES THERE IS 18% ON GST. TREATED IT AS A INWARD SUPPLY AND TAKE INPUT CREDIT OF IT FROM GST ON OUTWARD SUPPLY

(Guest)

whether rent under RCM is applicable

Raman Khullar (30 Points)
Replied 20 December 2017

RCM on inward supply from URD is suspended till 31March 18

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