Gst on rent received

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1 Points Posted on 16 August 2020
dear sir
supplier is charging rent on gala can we claim as ITC?
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On 16 August 2020 at 18:28 Report
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Quick Summary
This discussion clarifies whether GST paid on rent for commercial properties, such as galas or shops, can be claimed as Input Tax Credit (ITC). The consensus is yes, provided the property is used for business purposes and you possess a valid tax invoice with your GST number.

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229 Points Posted on 16 August 2020
Yes ofcourse ,provided u are same building on rent for furtherence of business itself(business purpose)
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On 16 August 2020 at 18:37
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Tax and Business Consultant
11616 Points Posted on 16 August 2020
Yes, You can claim ITC on rent paid for commercial property.i.e Shop, ect. if that property is used or to be used in your business subject to section 16 of CGST, Act, 2016 i.e you have a valid tax invoice against rent paid, and your GST number is mentioned on that,ect.
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On 16 August 2020 at 18:43

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