who will pay the service/ Gst tax on rented premises for commercial use licensee or licensor . if not mentioned clearly in leave and license agreement....
in case of leasing where the building is provided for commercial use by unregistered person to a registered person the company has pay GST on RCM basis !!!!
@ Rajesh... (RCM ..how it works) For Ex: If A Good / Service are 18% tax Under GST. You receive that Goods/Service Value is Rs. 100000. Above Values Tax is Rs. 18000.
You ll be receiving it from Registered Dealer then he collect Tax from you and pay to govt. Govt get their kazhana Rs. 18000/- If you Receive above said items from URD as same value. He can't collect Tax from you and can't deposit/pay to govt. In the case Govt loss the tax. You purchase from URD then Govt ll be loss So, You pay the loss of Amount. That is RCM.... Are you Understand....?!
(in this case I have to generate bill and collect gst on rent from tenents ...) If you are Registered under GST then you can generate bill and collect GST on rent. Then you ll be pay the Taxes to Dept