Lease rent payable for a non-GST person
This query is : Resolved
08 January 2020
Hello
We are a GSTN registered company paying our monthly lease rent for the premises to a non-GST individual where he does not claim any GST. Is there any way we can pay on RCM (on rent) and claim later the same as a input credit from the GST authority?
Please share your advice.
We are a GSTN registered company paying our monthly lease rent for the premises to a non-GST individual where he does not claim any GST. Is there any way we can pay on RCM (on rent) and claim later the same as a input credit from the GST authority?
Please share your advice.
08 January 2020
Dear Sir
There is no provision to pay RCM on lease rent under the GST Regime.
Thanks
CA. Shankit Sharma
Mob. - +91-9079367736
There is no provision to pay RCM on lease rent under the GST Regime.
Thanks
CA. Shankit Sharma
Mob. - +91-9079367736
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