Gstr 3B

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Kiran Kadam (Querist)
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16 August 2017 Sir, I paid Rs 3000 shop rent to unregistered person . Is this transaction come in gst return GSTR 3B. Where to do entry. Thanks.

Anil Ahuja

Anil Ahuja (Expert)
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16 August 2017 as value is less than 5000 cgst is exempt but u Have to pay sgst portion under reverse charge show it under outward supply under RCM 3000 sgst on it and cgst as 0

Kiran Kadam

Kiran Kadam (Querist)
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16 August 2017 I am in Maharashtra state . Is Maharashtra state allow exemption upon 5000 per day

Anil Ahuja

Anil Ahuja (Expert)
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16 August 2017 no bro 5000 cgst exemption all over India no exemption on sgst portion as per notification

RAJA P M

RAJA P M (Expert)
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16 August 2017 @ Kiran Kadam., You don't be wrong meaning the Rs. 5000. It's all expenses in one day. Not only rent. So, If expenses is above 5k at the day you ll be pay Tax under RCM....

Kiran Kadam

Kiran Kadam (Querist)
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16 August 2017 No in one day all expenses are under 5000

RAJA P M

RAJA P M (Expert)
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16 August 2017 Yeah. In case you ll be pay rent on 15/08/2017 Rs. 3000 and all other expenses are only less than 2k then you don't fall under RCM. In case your other expenses is Rs. 2050 you ll be pay Tax under RCM basis in that whole amount 5050..... So, You ll plan your expenses.....

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