please clear it I need it
31 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178293 Points)
Replied 05 July 2017
When tenant (of any commerical unit) is registered dealer under GST................ and Landlord is not registered..........
Tenant has to pay GST on rent @ 18 % under RCM........... of which he can avail ITC also.
Koti Reddy
(25 Points)
Replied 05 July 2017
if landlord not taken gst registered how can claim itc on rent
Koti Reddy
(25 Points)
Replied 05 July 2017
if landlordnot taken gst registration how can claim itc on Rent
jayesh
(accountant)
(361 Points)
Replied 05 July 2017
in case commercial unit pay rent for his employee for his residential house then gst is applicable or not
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178293 Points)
Replied 05 July 2017
@ Koti Reddy: When land lord is unregistered.......... the registered tenant raises self invoice under RCM and pays gst to government....
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178293 Points)
Replied 05 July 2017
@ Jayesh: The residential rental service is not taxable under GST.......
Register Experts
(CA)
(82 Points)
Replied 05 July 2017
When tenant (of any commerical unit) is registered dealer under GST................ and Landlord is not registered.......... Tenant has to pay GST on rent @ 18 % under RCM........... of which he can avail ITC also.
sandeep
(prop)
(45 Points)
Replied 05 July 2017
Dear sir,
Can we pay rent in parts to enter Rs.5000/- exemption under RCM?
Sandeep
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178293 Points)
Replied 14 July 2017
If rent is single tax invoice........ how can you break it??
MANIKANTA
(ASSOCIATE MANAGER)
(23 Points)
Replied 15 July 2017
since rental income from residential house property is out of GST , if a company(registered under GST) paying rent to lanlord of apartment taken on rent basis for their stay of employees.
in this case whether RCM applicable as service received from unregistered dealer to a registered dealer
pls comment
karan goel
(Student CA Final )
(40 Points)
Replied 15 July 2017
if i am a composite dealer even then I can pay the gst @ 18% on rented shop ? or I have to then opt for the normal scheme
Ankit Agarwal
(New Delhi)
(70 Points)
Replied 17 July 2017
Sir
Is there any format for issuing self invoice under RCM for booking rent
Ankit Agarwal
(New Delhi)
(70 Points)
Replied 17 July 2017
Sir
Is there any format for issuing self invoice under RCM for booking rent
Neha sharma
(-)
(1257 Points)
Replied 20 July 2017
If a Composite Dealer buys from Unregistered Dealers, the provisions of Reverse Charge would be applicable in this case as well. Even a composite dealer is considered as a registered dealer under GST and therefore the provisions of Reverse Charge would be applicable if the composite dealer buys from unregistered dealers.
Kindly refer: https://www.charteredclub.com/gst-reverse-charge/
Recent Topics
- FORM 10 IEA IN Revised return
- ITC Eligibility on GTA
- Top Highest Tax-Paying Celebrities: FY 2023-24
- Misplace society Bye law
- Submit ommited invoice of previous year
- Need your valueble insight
- GSTR-9 Invoices
- Agricultural Business Loss
- Reporting in gstr9 of ITC of Previous year reverse
- Tax on Reimbursement of House Rent
Related Threads
CAclubindia
