itc on rent and miscellaneous expenses
This query is : Resolved
Prameet Chawla
(Querist)
13 September 2017
a normal registered GST shopkeeper pays rent to the landlord of the shop with GST. the landlord has duly filed the gstr1 in b2b against the shopkeeper. will the shopkeeper get full ITC on rent paid? and also will the shopkeeper get it on miscellaneous expenses such as purchase of Air conditioner for his shop, electrical items such as fans and lights purchased for installation at shop, telephone bills etc.
Note: the shopkeeper is registered as normal GST tax payer but also sells exempted goods along with GST laible goods
CA R SEETHARAMAN
(Expert)
13 September 2017
Shop keeper will get full GST on rent payment and other expenses stated above provided the seller file gstr-1 in b2b.
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