is any threshold limit for commercial rent ?
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Commercial rent
Replies (5)
Rs. 20 Lakhs and Rs. 10 Lakhs for other 11 States.
means as we r dealer we pay 9 lakh rent yearly ... landlord unregistered ... are we able to pay gst on 9 lakh or its exempt ???
Yes, this will be subject to Reverse Charge. Consequently, you will have to pay GST on this transaction.
owner cant take gst .but payee should give reverse if 5000 limit cross
is gst applicable for accounting charges expense if yes pls rate sir
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