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gst on rent

alokmantri1997@gmail.com (24 Points)

02 October 2017

please clarify every aspect of gst on rent..

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31 Replies

CA Rashmi Gandhi (Chartered Accountant) (86220 Points)
Replied 02 October 2017

If rent received by you & you are registered in GST then you have to charge it & pay to govt...

CA Rashmi Gandhi (Chartered Accountant) (86220 Points)
Replied 02 October 2017

If you pay rent to some unregistered person then you have to pay tax on such rent under RCM.

No need to pay GST if amt is less than Rs.5000/-

NITIN MANGLA (ACCOUNTANT) (278 Points)
Replied 02 October 2017

its depend on you if rent is related with residential plot then gst tax free but rent is related with corporate then gst charged on rent amount is 18% if they not charge then tax amount paid under RCM by rent payer to gst department and claim input.

NITIN MANGLA (ACCOUNTANT) (278 Points)
Replied 02 October 2017

hey rashmi here i doubt for rent related matter

NITIN MANGLA (ACCOUNTANT) (278 Points)
Replied 02 October 2017

can i ask you

CA Rashmi Gandhi (Chartered Accountant) (86220 Points)
Replied 02 October 2017

Ya sure....

CA Rashmi Gandhi (Chartered Accountant) (86220 Points)
Replied 02 October 2017

One more thing i want to add that rent for residential dwelling is exemptex.

NITIN MANGLA (ACCOUNTANT) (278 Points)
Replied 02 October 2017

as per govt below 20 lac turnover people no need to registration but they pay rent on his commercial land.

now my question is if landowner not charge gst on rent so business man liable to pay rcm or not if the govt. give him a relaxation