ITC refund on rent (used for export of service)

ITC / Input 804 views 6 replies
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55 Points Joined January 2023

I am starting a consulting work in Bangalore. I will consulting mainly to outside India clients. .

I have taken a house on rent and will be using it for work. I am also registering my GST address as this house. Can I claim ITC refund since export is 0% GST.

Also, is there any challenge of claiming this rent as business expense? 

 

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On 15 January 2023 at 07:02 Report
Replies (6)
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Chartered Accountant
86505 Points Joined April 2011
Yes you can claim refund of GST and there is no challenge in claiming rent as business expenses.

You can also apply for LUT and raise export invoice without tax rather then claiming refund.
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On 15 January 2023 at 20:45
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55 Points Joined January 2023

Thank you CA Rashmi.

I'll be taking an LUT and raising 0% gst invoice. Can I get refund of input tax credit of GST that I pay on rent? 

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On 15 January 2023 at 22:07
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55 Points Joined January 2023

Thank you CA Rashmi.

I'll be taking an LUT and raising 0% gst invoice. Can I get refund of input tax credit of GST that I pay on rent? 

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On 15 January 2023 at 22:54
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Chartered Accountant
86505 Points Joined April 2011
Welcome Dear 🤗🤗
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On 31 January 2023 at 23:21
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GST Consultant
15986 Points Joined March 2013
If rent is for business purposes then ITC can be availed and refund can also be claimed
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On 01 February 2023 at 19:53
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Chartered Accountant
86505 Points Joined April 2011
You can claim ITC Refund on Rent
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On 01 February 2023 at 22:12


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