gst on rent and advance payment

30 March 2018

please clarify about gst applicable on rent and advance payment to supplier
thanks
pawan jain

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6 Replies

Suvendu (Accounts) (429 Points)
Replied 30 March 2018

GST is applicable in Rent

Vunu (Developer) (135 Points)
Replied 30 March 2018

Suvendu-ji, Is the owner of residential flat who receives rent from tenant; require to pay GST anywhere?

Suvendu (Accounts) (429 Points)
Replied 30 March 2018

if it is not bussiness , then not .

Vunu (Developer) (135 Points)
Replied 30 March 2018

Thank you Suvendu-ji.

Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 30 March 2018

yes gst is applicable on rent (Not from residential rent),

Advance to supplier for service GST is applicable, for goods no gst

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Pawan Kumar Jain (27 Points)
Replied 30 March 2018

Suvenduji Rent paid by a registered dealer to unregistered individual ,in this case is reverse charge applicable at present.

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