Gst under rcm for lease rent and cash limit

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Accountant
21 Points Joined April 2016

Sir Please Tell that my company pay lease rent of Rs.3500/- Per Month to unregested dealer

is gst applicable for me ?

is under rcm?

if yes what is the rate i should pay ?

and i heard from someone that if cash limit of expenses increase of rs.5000/- a day include rent

you should pay gst ?

please tell me the answer.

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On 17 August 2017 at 12:54 Report
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Commercial Manager
220 Points Joined November 2009

In the day you are making the rent payment and no other payment, then it is exempted. And if you are making other payment and total exceeds Rs 5000/- then tax be charged on difference amount

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On 17 August 2017 at 16:31

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