I have a client paying 35k rent and it is a part of his expenses. Owner is not registered and earning rent amount of less than 10lakhs in a year. So still client is liable to pay tax for the rent paid to gst? 18% of the rent to gst? 5% turnover with 18% tax of rent? please let us know if any one knows about it
The T/O tax is based your business transactions... The RCM related tax is The tenant is URD position. So, it is not connected... You ll be pay Tax under RCM basis @ 18% on rent...