GST on Rent

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192 Points Joined March 2017
A company entered with rent agreement for use house for commercial activity and paid a rent of rs.120000pm.
why laible to deduct GST as well as TDS.,
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On 15 February 2018 at 21:43 Report
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STUDENT
57 Points Joined July 2013
Clear question required
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On 15 February 2018 at 22:15
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192 Points Joined March 2017
ABC company paid rent of rs.120000/ per month for commercial activity.
is company liable to pay GST
is company paid to landlord with TDS.
Treatment of GST.
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On 15 February 2018 at 22:20
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banglore
1496 Points Joined June 2012
yes GST is applicable in hands of Landlord. However since turnover has not crossed 20lakhs per annum he may not register and pay tax on same.
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On 15 February 2018 at 23:18
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"Do the Right Thing...!!!"
128116 Points Joined January 2015
GST not applicable for Residential Property. But, The Residential Property will issued to any Commercial activities / rent then It's fall under Commercial Rental...
If it's treated Commercial Rental then Threshold limit exceeding then Registration mandatory under GST...

If less than 20lakhs income for landlord then no need registration under GST. Also the Tenant no need to pay GST Upto March 2018*...
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On 15 February 2018 at 23:54
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Service
190 Points Joined August 2013

GST to be paid by Tenant under Reverse Charge...TDS u/s 194I applicable on Rent only (Excluding amount of GST).

 

 

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On 16 February 2018 at 12:13
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192 Points Joined March 2017
it means both tax are applicable
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On 16 February 2018 at 12:15
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192 Points Joined March 2017
rent 120000pm
+GST 18% 21600
total 141600
-TDS 1% 1200 on rent
net rent payable 140400

please suggest correct or not
please also share RCM guidlinr for rent
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On 16 February 2018 at 12:22
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128116 Points Joined January 2015
Originally posted by : Pavan Kumar
it means both tax are applicable

Rcm not applicable From 13th October 2017 to March 2018... So, Tenant don't want to Pay tax under RCM basis for the above said Periods...
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On 16 February 2018 at 12:26
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192 Points Joined March 2017
Dear sir please clear baar of your answer
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On 16 February 2018 at 12:28
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192 Points Joined March 2017
shot sir
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On 16 February 2018 at 12:28
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192 Points Joined March 2017
finally who response for GST, landlord or tenant
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On 16 February 2018 at 12:30
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128116 Points Joined January 2015
Originally posted by : Pavan Kumar
rent 120000pm+GST 18% 21600total 141600-TDS 1% 1200 on rentnet rent payable 140400please suggest correct or notplease also share RCM guidlinr for rent

The Landlord will give GST Tax Invoice then Your calculations is correct. But, The landlord is URD. So, You ll give Rs. 120000- 1200 = 118800....
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On 16 February 2018 at 12:31
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128116 Points Joined January 2015
Landlord is registered or not...?
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On 16 February 2018 at 12:33
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192 Points Joined March 2017
landlord not registered
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On 16 February 2018 at 12:33


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