Deposit GST
if deposit money is reduced for damage to property is GST payable on reduction
Replies (4)
Quick Summary
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.
Wherever deposit is adjusted for services supplied GST is payable.
Yaa you are right Altamush
Yes GST is leviable
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