GST on office rent security deposit


This query is : Resolved 

Quick Summary
When paying a security deposit for office rent, you generally do not need to pay GST on the deposit amount itself. This is because security deposits are not considered a supply or consideration for a service. Therefore, GST is not applicable to these payments.

27 April 2023 suppose we are paying the security deposit for office rent so in that case the gst will also be paid with the security amount or not ?

27 April 2023 No, there is no GST on deposits. It's not a supply.

28 April 2023 GST will not be applicable on security deposit for rent.

29 April 2023 Security deposits collected by landlords or property owners at the time of renting out the property are not considered as consideration for a supply, and hence, are not liable to GST.


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