Gst on commercial rent

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manager
25 Points Posted on 29 June 2017
What would be the GSR on commercial rent?
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On 29 June 2017 at 10:30 Report
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Finance Professional
3931 Points Posted on 29 June 2017

For commercial rent you will be charged at the rate of 18% in the gst regime.

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On 29 June 2017 at 10:32
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CA Practice
27 Points Posted on 29 June 2017
what if the aggregate turnover of the service provider (owner of premises) is less than Rs. 20 lacs??
In such case i guess that reverse charge liability will be generated on the recipient.. Correct me if i am wrong.
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On 29 June 2017 at 11:03
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205 Points Posted on 29 June 2017
yes it will come under RCM
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On 29 June 2017 at 11:23

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