if my main business is software hardware related services and my other source of income rental income. then series of invoices same for both services ?? and where show in portal ? ( B2B )
Ravi Rawat (Trainee Accountant ) (39 Points)
20 January 2020if my main business is software hardware related services and my other source of income rental income. then series of invoices same for both services ?? and where show in portal ? ( B2B )
RAJA P M
("Do the Right Thing...!!!")
(127167 Points)
Replied 20 January 2020
Ravi Rawat
(Trainee Accountant )
(39 Points)
Replied 20 January 2020
THIS IS NOT COMMERCIAL PROPERTY. WHERE SHOW IN GST PORTAL ?/
RAJA P M
("Do the Right Thing...!!!")
(127167 Points)
Replied 20 January 2020
Ravi Rawat
(Trainee Accountant )
(39 Points)
Replied 20 January 2020
THE RENT IS 50,000 PER MONTH THEN
CONDITION 1. IF PROPERTY IS COMMERCIAL THEN I CHARGED GST AND SHOW IN B2B COLUMN IN GST PORTAL.
CONDITION 2. IF PROPERTY IS NOT COMMERCIAL THEN I DON'T CHARGED GST AND ISSUED OTHER RENT SERIES INVOICES AND SHOWN IN EXEMPTED COLUMN.
IS THIS CORRECT ?? TELL ME SIR...
RAJA P M
("Do the Right Thing...!!!")
(127167 Points)
Replied 20 January 2020
| Originally posted by : Ravi Rawat | ||
 |
THE RENT IS 50,000 PER MONTH THEN - If the rent received from COMMERCIAL PROPERTY then GST chargeable and it will be shown GST returns (GSTR-1 & GSTR-3B). - In GSTR-1 the receipt of rent shown as the TENANT is registered under GST then show it B2B / the TENANT is URD under GST then show it under B2C...
- If the rent from RESIDENTIAL then GST not applicable and Show it as EXEMPTED column... |
 |
Note : If You are registered under GST and the rent from commercial property then GST Chargeable if rent value is 50.00k or 1.00
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