I have given tools on rent amounting to Rs 2,50,000/- to an individual. So Is GST applicable on the Tools given on rent?
Menu
Applicability of GST on tools on rent
Replies (2)
Quick Summary
My principal business is not renting or leasing. My principal business is of construction.
Yes you can pay gst @ 18% And This income report from Gstr-1 as well as 3b
Recent Topics :
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
- Sell of CAFC books
- ITC ON RENT
- GSTR-9 Table 8A Portal and Excel Issues
- IGST on Commercial Rental Income (Different State)
- Revocation of suo moto cancelled GST registration
- Is there any faculty taking chapterwise test in CA
- Late Fees and Interest
Related Topics :
CAclubindia
