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Gst on rentals

250 views 1 replies
Can you please advice if GST is applicable on Rental paid by us to Landlord? I understand we have to pay 18 % Reverse Tax and reclaim in our Return.Some one adviced that it is applicable only when Rent is above Rs 50000. Also if payment is made after 1st July 2017 towards arrears prior to GST does one have to pay Revesre Tax also on this ?
Replies (1)

1. Rs. 50,000/- limit is u/s. 194IB of income tax........ (w.e.f. 01.06.2017)

2. Now, don't get confused with GST and IT......

Under GST...... you are suppossed to pay GST on rent @ 18%(whatever amount.. no basic limit) to your landlord, if he is registered under GST and charges forward. If he is not registered under GST, but you are registered, you have to pay under RCM.......


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