gst onrent
mukund (manager) (480 Points)
02 May 2018
If a proprietor firm registered under GST takes a rent from a partnership firm in which he is a partner then GST is applicable?
CA Shivam Arora
(Chartered Accountant)
(2414 Points)
Replied 02 May 2018
Yes GST is applicable as because there are 2 different businesses. Now the question is whether partnership firm is registered or not!
CA Shivam Arora
(Chartered Accountant)
(2414 Points)
Replied 02 May 2018
Then they will charge GST and proprietorship business will pay GST and avail ITC.
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
