my rent receipt for shop is rs.18000/- per month, I have one business also , my turnover is 3500000/- .
should I pay gst 18% for rent?
MURALIDOSS (INCOME TAX PRACTITIONER) (1329 Points)
07 May 2019my rent receipt for shop is rs.18000/- per month, I have one business also , my turnover is 3500000/- .
should I pay gst 18% for rent?
Arpit Khosla
(student)
(288 Points)
Replied 07 May 2019
If you opt for composition, you will be required to pay just 1% but without ITC.