08 April 2022
The landlord paid 18% Gst (Rs.90000/-) on rental Income (Rs.500000/-)but the tenant did not pay any amount to him. What is the treatment from the Landlord's point of view - Can avail refund?
08 April 2022
Whether tenant pays GST r not that does not make any difference as far as GST liability of the landlord is concerned. At the most the landlord may make the rent inclusive of GST and accordingly the taxable rent would be Rs.42,373 on which he would be paying GST @18%
09 April 2022
Sir if the Tenant didn't pay any amount in that case what is the remedy for the landlord bcoz he was paid GST from his own pocket? The tenant will reverse ITC if payment is not made within 180 days but What's the Landlord's side?
09 April 2022
Yes, the landlord cannot claim a refund of GST. He can modify the invoices if GST returns have not been filed and mark the rent as inclusive of GST to save the tax loss.
11 April 2022
The non payment by tenant is a violation of rent agreement. However the services are being provided therefore the tax liability will remain on the landowner.
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