GST ON RENT ON RCM

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no
5 Points Posted on 13 October 2022

Where we will so GST DETAILS ON RENT IN GSTR 1.

Where we pay rent to unregistered landlord.

 

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On 13 October 2022 at 23:21 Report
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Quick Summary
When paying rent to an unregistered landlord, GST is applicable under the Reverse Charge Mechanism (RCM). You'll need to create a self-invoice as per CGST Act 2017. This RCM liability should be reported in your GSTR-3B, not GSTR-1, as GSTR-1 is solely for outward supplies.

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GST Practitioner & Accounts
15146 Points Posted on 14 October 2022
If land lord is unregistered, then you have to prepare self Invoice as per section 31(3)(f) of the CGST act 2017.
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On 14 October 2022 at 06:34
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no
5 Points Posted on 14 October 2022

Where we have to show it on GSTR 1

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On 14 October 2022 at 14:37
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582 Points Posted on 15 October 2022
You have to show the RCM in GSTR-3B
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On 15 October 2022 at 22:17
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GST Practitioner
55067 Points Posted on 16 October 2022
Not required to report in GSTR 1. , as it is inward supply for you & GSTR 1 form is to report the outward supplies only.
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On 16 October 2022 at 00:29

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