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Deposit GST

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1 Points Joined November 2021
if deposit money is reduced for damage to property is GST payable on reduction
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On 12 November 2021 at 17:01 Report
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Employee Private
1913 Points Joined July 2017
What sought of Deposit ..? If it is Rental deposit for commercial property and amount deducted on account of damage of property, GST has to be paid.
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On 12 November 2021 at 17:47
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GST Consultant
15986 Points Joined March 2013

Wherever deposit is adjusted for services supplied GST is payable.

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On 12 November 2021 at 18:26
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CA
10436 Points Joined March 2019
Yaa you are right Altamush
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On 12 November 2021 at 20:23
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Chartered Accountant
24588 Points Joined November 2019
Yes GST is leviable
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On 13 November 2021 at 05:56

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