Hello Members,
Both Landlord & Tenant are GST Registered; Rent amount Rs.5.30 L Annually; TDS deducted @ 10%; Leave and licence agreement 11 months; Property Type:Commercial.
Issue: Rent was given in advance in April 2017 1st week for 11 months? (No deposit, only advance Rental)
Kindly guide if GST has to be considered and landlord should issue Invoice for GST on Pro data basis from July 2017 or simply avoid/ignore the GST till the renewal or new tenure?
Thanking you in anticipation!
Regards
Amg
