Upgrade and Save: Get 10% OFF on CAclubindia Pro Subscription! Use Code: SAVE10 Subscribe Now!

GST on rent

Ankit Agarwal (Senior Executive) (36 Points)

25 January 2019

who has to pay gst on rent?

lessor or lessee

Reply
Follow
Share

4 Replies

Giridhar S Karandikar (Team Lead) (7543 Points)
Replied 25 January 2019

receiver has to pay

Upgrade to CAclubindia Pro. Subscribe Now!

Amit Kumar Jain (Asst. Accountant) (3 Points)
Replied 25 January 2019

Sir, I am a company, for my Director and Other Management staff purpose we have arrange one Guest House,and monthly basic pay guest house rent Rs.15000/- But my guest House owner has not issues any bill to the company, one time Rent Agreement has been made,

in this case can we (Company) has to pay the GST on rent under RCM basic..

Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 25 January 2019

No , The RCM on inward supplies from URD has been deferred to 30/09/2019 , no RCM is applicable (Refer Notification 22/2018 CT ,rate)

CA Akshay Hiregange (Partner - Audit & Assistance) (4515 Points)
Replied 25 January 2019

Dear Ankit,

Notification 12/2017-CT(R) Sl 12 - Exempts services by way of renting of residential dwelling for use as residence. Therefore, supplier need not charge GST even if registered.