Reverse charge mechanism
This query is : Resolved
Sundeep mehta
(Querist)
25 August 2017
I am a composition dealer .my shop rent is 10000 per month and I pay it on a single date say on 1st of every month to the landlord who is an unregistered person..my question is
1.wil the rent I pay on a single date would be calculated as 10000 as expenses on the day which I pay or average per day ie 10000/30 wil be the expense .
2.if the expense is on daily basis and if I pay the rent in four parts to the land Lord in a month on different 4 dates say rs 2500 on 4 diff dates ,wil I need to pay Gst ?
1.wil the rent I pay on a single date would be calculated as 10000 as expenses on the day which I pay or average per day ie 10000/30 wil be the expense .
2.if the expense is on daily basis and if I pay the rent in four parts to the land Lord in a month on different 4 dates say rs 2500 on 4 diff dates ,wil I need to pay Gst ?
30 August 2017
Reverse charge on rent is applicable only when it crosses Rs.50000 per month
Sundeep mehta
(Querist)
08 September 2017
Can u please give any reference or notification number...
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