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GST on Rent Paid can claim Back..?

05 December 2019

Hi,

dear experts please guide...

im a Preschool owner in Ahmedabad.

How about a school owner paying rent to house owner in cash can claim in Their ITR under which..?

and also if paying by Cheque than can House owner ask for GST if Yes than Can a Rent payer means school owner claim GST in return back and How...?

please Guide Asap. Thanks

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2 Replies

Sivaramaraju G (Learner) (2398 Points)
Replied 05 December 2019

If you pay rent as it is revenue expenditure same can be claim as business expense while filing ITR under the head profits and gains from business or profession

For GST part, If you are collecting GST along with fees then you can claim the GST paid on rent.

As preschooling will come under GST if you are into Preschooling alone and not providing education upto higher secondary school or equivalent.

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Pankaj Rawat (GST Practitioner) (55052 Points)
Replied 15 December 2019

Yes House owner can ask for GST if he is he giving you Tax Invoice .

Yes the schools owner can avail iTC if his outward supply is taxable .

Note : Cannot claim Refund