Sir I am registered person and paying 8500 as rent of my shop to an unregistered person. What will be effect after gst. If yes pls tell the calculation under gst
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Gst on rent
Replies (6)
are you paying service tax on rent then gst input is available other wise you pay rent
Not paying any service tax
As you are registered dealer, and landlord is unregistered.........
So, you will have to pay GST @ 18% over the rent under RCM. ITC of the same can be availed from output supply, if you have not opted for composition scheme. ...
but sir he is not paying service tax and gst then how can he claims itc
he is paying only rent
What if I pay whole year rent in advance
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