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GST on rent

Others 301 views 5 replies

I have rented building to a bank. My turnover is within threshold limit of 20 L. The bank says that they will deduct 18% from the rent . kindly advice me how to convince the bank.

Replies (5)

You ll be say i'm not above threshold limit. So, I dont want GST Registration...

sir your is deposit GST on your rent as reverse charge because you are not registered under gst
please register under gst for that
I think bank have to pay GST on reverse charge basis but they can not deduct it in your ant they have to pay GST over the amt
yes they should not deduct from Rent . they should pay it under reverse charge and take the credit.


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