Crm exp for composition dealer
This query is : Open
03 August 2017
Sir if Composition dealers paying shop rent to URD on rcm basis then input credit available or not ?
CA Altamush Zafar
(Expert)
03 August 2017
Not available.......
03 August 2017
Regd. Dealer paying rent 30000/monthly to URD..if he pay 1000 daily then pls confirm rcm applicable or not
CA Altamush Zafar
(Expert)
03 August 2017
It will come under exemption provided the limit of 5000 is not exceeded due to other purchases from unregistered dealers.
03 August 2017
Sir i want to know if dealer not purchase any other service/goods from URD then it is legal examtion that rent pay to landlord on daily basis
CA Altamush Zafar
(Expert)
03 August 2017
Totally legal. Just amend your agreement. You can also pay in two installments per week.
CA Altamush Zafar
(Expert)
03 August 2017
Define days for payment of rent in your agreement. Like tuesdays and thursdays of every week or anything that suits you
04 August 2017
Sir pls also confirm the mode of payment...can dealer pay cash if check not cumpolsary
CA Altamush Zafar
(Expert)
04 August 2017
No compulsion
04 August 2017
Thanks a lot sir for ur kind information pls one more doubt clear If dealer paying 50000rs rent then how it will divine in week
CA Altamush Zafar
(Expert)
04 August 2017
You can go for three times a week. But this is against the spirit of law but anyway totally legal.
04 August 2017
Sir i can understand but 18% rcm gst on rent So costly for tenant..its landlord liability to pay tax on rental income but in gst its opposite
CA Altamush Zafar
(Expert)
04 August 2017
As i said totally legal provided you dont exceed the limit due to other purchases from urd
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