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GST on rent of commercial premises

Others 521 views 8 replies
If a landlord is URD and tenant is RD then whether GST is applicable any limit and how it is to be paid. please clarify
Replies (8)
Gst on rent of commercial properties benefit of input tax credit may be disallowed in case not used for business purposes.
What is the rate and any exemption limit. It's used for commercial purpose
If tenant is registered under GST, then he will pay GST under RCM.
It tenant is registered then RCM applicable only on rent for residential dwelling, in case of commercial property no RCM applicable.
Oh , sorry I thought it's residential perpose
Section 9(3) renting of immovable poperty is taxable under rcm if provided by centeral govt, state govt or local authority to any business entity located in taxable territory.
In your case if provider is neither govt nor registered then no rcm no gst
hence tenant which is a registered person does not have pay gst under rcm.
Thanks...
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