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Gst paid on office rent

sundar (accountant) (22 Points)

26 July 2017

Is it possible to take INPUT TAX CREDIT, from GST PAID ON OFFICE RENT

With regards

Sundar

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18 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (160332 Points)
Replied 26 July 2017

Yes, ............ why not?

2 Like

Ahmed Ali (388 Points)
Replied 26 July 2017

If your building/flat owner is registered and is charging GST from you, then definitely you claim ITC in the same month.
If your building/flat owner is unregistered, then you are required to pay GST on the office rent amount under Reverse Charge. In next month you can claim ITC.

1 Like

CA Rashmi Gandhi (Chartered Accountant) (86220 Points)
Replied 26 July 2017

You can claim
....

Ananya Bansal (41 Points)
Replied 26 July 2017

Yes you can claim itc

Ananya Bansal (41 Points)
Replied 26 July 2017

Yes you can claim itc

Ananya Bansal (41 Points)
Replied 26 July 2017

Yes you can claim itc

Arunpandyan (Student CMA) (23 Points)
Replied 27 July 2017

since it is related to business. Input can be availed.

Anil (accountant) (62 Points)
Replied 27 July 2017

how to raise self invoice for rent in case of rcm

Kaushik Deepak (KD) (Officer Accountant) (1136 Points)
Replied 27 July 2017

YES, I agree with MR. Ahmed Ali

Originally posted by : Ahmed Ali
	If your building/flat owner is registered and is charging GST from you, then definitely you claim ITC in the same month.If your building/flat owner is unregistered, then you are required to pay GST on the office rent amount under Reverse Charge. In next month you can claim ITC.

Anantha Raman (Manager) (45 Points)
Replied 27 July 2017

What is the rate of gst on GTA under RCM and can we take input credit ?

Ahmed Ali (388 Points)
Replied 27 July 2017

Ms Anantha Raman, if you received transportation services from a GTA you are a Service recipient and you will be liable to pay GST under Reverse Charge. Tax rate is 5% and you can claim ITC too. There is no restriction on the part of Service recipient.

May be you got confused by the notification. It says if the service provider(GTA) is liable to pay GST then it can pay @ 5% and it shall not claim any ITC on input services. Generally Service provider is not liable to pay GST but in case if the recipient is unregistered, then only in that case GST liability arises on Service Provider (GTA).