GST ON RENT RECEIVED
SUDAGAR.C (Prop) (119 Points)
25 June 2017I am also paying rent for my office. the landlord is unregistered under GST. do I need to pay GST on the rent paid under RCM
SUDAGAR.C (Prop) (119 Points)
25 June 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(181100 Points)
Replied 25 June 2017
"I have professional income on which I an paying GST. I also have house property income. does I need to pay GST on rent receipt."
Over both the services you have to charge GST from your customers as per rate, and after deuction of any ITC of inputs, pay to treasury.
Yes, rent of your office will be liable to GST under RCM, and the same will be deductible from output GST.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961