i have two shop on rent total rent paid 10700/- by bank every month what treAtment in gst
Menu
Eent paid
Replies (4)
owner bank hai ?
The treatment will depend upon the registration status of lanllord and yours.
If landlord is regd, he will give your invoice and charge GST. and you can claim ITC if you are regd.
If he is URD, and you are regd, you have to pay GST under RCM.
if both are unregistered then there is no issue of GST
RCM is not applicable if the threshold of Rs. 5000 per day is not exhausted.
Recent Threads
- LTCG Tax & Indexation on Debt Mutual Funds Sol
- Section 45(5A) and 194IC with carry forward of tds
- Paid tax amount, CIN generated and challan downloa
- INTRADAY INCOME PRESUMPTIVE INCOME
- Clarification on Deemed Export Status for EOU-to-E
- LTCG Tax on property
- Short term gain in itr2, missing 111A
- Errors in ITR Filing: Minimum One Character Requir
- Which ITR Opt
- Employer Details for NRI
Related Threads
CAclubindia
