Gst
This query is : Resolved
11 August 2017
Sir
My question is in regards to the GST No. I am a registered service provider. I have given my commercial space on rent to Bank. I am giving my GST No to them but they are not giving me the payment of invoice with the amount of G S T because they say you come under threshold limit of Rs.20Lac.
Now what I can do in this case. Will I cancel my registration or advise.
Regards
Sanjay
My question is in regards to the GST No. I am a registered service provider. I have given my commercial space on rent to Bank. I am giving my GST No to them but they are not giving me the payment of invoice with the amount of G S T because they say you come under threshold limit of Rs.20Lac.
Now what I can do in this case. Will I cancel my registration or advise.
Regards
Sanjay
Anil Ahuja
(Expert)
11 August 2017
Once u get registered under gst, u have to pay gst on every rupee of receipt.
20lacks is threshold limit for registration but not a deduction or basic exemption.
so u are liable to pay gst on the rent received
20lacks is threshold limit for registration but not a deduction or basic exemption.
so u are liable to pay gst on the rent received
CA R SEETHARAMAN
(Expert)
11 August 2017
Cancel your registration such provision is available under GST portal.
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