GST on Rent paid

Owner has to raise GST invoice.

Tenant has to pay the same and can take ITC.

the ownership is joint and one of the co owners is housewife...then GST regn is not there...what the scenerio will be in this situation..

Depends upon ownership ratio, rent agreement, and rent receipt.....

sir ownership is 50 /50..since they do not have GST regn how they can raise Invoice for Rent Receivable What will be the consequence if we pay them without Invoice raised by them..as was being done in past...

As husband is registered under GST, he has to issue tax invoice for taxable supply.

Thanks sir...Please inform what will the rate of GST ..18% OR 12%..IF one of the owners i.e husband has GST regn...if he issues one bill for Total Rent..and then tranfers Half portion of amount to other co owner..then its ok..In his profit and loss account 50% of rent i e.Rs 3.00 lac will be income...

As the landlord has GST registration as a proprietor, he is supposed to raise a tax invoice on the tenant as per Rule 46. Value of rent in the tax invoice shall be only Rs. 25,000 per month i.e. 50% of total monthly rent. GST @ 18% shall be charged on such amount accordingly.

As the landlady is not registered, she is not required to comply any provisions of GST law. If her total turnover/gross receipts during a financial year is more than 20 lacs then she should get Registered and follow the same procedure as her husband.

And for the tenant, he can avail ITC on the monthly rent of Rs. 25,000 if he receives tax invoice from landlord. Further the landlord should include this rental income in his outward supply of his GSTR-1. As of now, no reverse charge compliance is required for the remaining Rs. 25,000 paid to the landlady.