GST applicabilty on Rent of a Commercial Property

531 views
User Avatar

2 Points Posted on 08 May 2024

Dear Sir,

Our Landlord is a charitable trust, was registered under GST before but now their GST status is showing suspended.

we are a registered LLP firm.

Our landlord gave us a tax invoice for Rent of a property without GST.

The property is a commercial property & it is using for commercial purpose.

are we required to pay gst on RCM or any other rules applicable to us?

Please suggest.

and if possible please refer the CBIC circular no.

Thanks & Regards..

0 Reply Share Follow
On 08 May 2024 at 16:52 Report
Replies (2)
Quick Summary
This discussion clarifies GST applicability on commercial property rent when the landlord is a charitable trust with a suspended GST registration. It confirms that the tenant, a registered LLP, is not required to pay GST under the Reverse Charge Mechanism (RCM). The rent is to be paid without GST, as the landlord is responsible for GST under the forward charge mechanism, even if their registration is suspended.

User Avatar

1011 Points Posted on 08 May 2024
No provision of RCM for rented comm property. pay him rent without gst
Reply
On 08 May 2024 at 19:43
User Avatar

Accounts Manager
2070 Points Posted on 08 May 2024

As per GST Act provides that GST on commercial property rent is to be paid by the registered service provider( landlord). No (RCM) applicable for GST on commercial property rent. However, it's important to note that this absence of RCM doesn't exemption for commercial rent under GST via forward charge mechanism (FCM).

Reply
On 08 May 2024 at 19:46

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. CA Fees deduction for non audit case allowed?
  2. 5th Letter PAN Mismatch with Surname issues still
  3. Criteria to hire an article
  4. Guidence requested for a Finance Professional with
  5. Expert Opinion Required – Form 140 Gross Amo
  6. WRONG TAX DEMAND - formal responses , rectificatio
  7. Foreign remittance
  8. Affordable Residential Flats in Gurgaon
  9. Manufacturing
  10. TAN REGISTRATION ON E-FILLING SITE

More recent discussions | Post

Related Topics :

Loading