LIABILITY OF GST ON RENT

Dear Friends,

A business person having GST on his existing business, missed to charge GST on his rental income due to ignorance. 

Now whether the person is liable to pay the GST on rent out of pocket or he able to issue revised invoice (incl of GST) collect & Pay tax.

 

Replies (3)
Quick Summary
This discussion addresses a business owner who overlooked charging GST on rental income. The core question is whether they must pay the GST liability from their own funds or if they can issue a revised invoice to the tenant to collect and remit the tax, along with applicable interest. Options discussed include paying via DRC-03 or qualifying the omission in GSTR 9C if the tenant is unwilling to pay the additional charge.

Can revise and pay tax along with interest
Which FY for this..?!
It is quite difficult for your client to charge gst now because the tenant might not pay it. so your client needs to pay the amount out of his/her pocket. We have also faced similar problem like this but our client paid the amount through drc-03.if your client is unwilling to pay it then qualify it in GSTR 9C. You won't have any problem in filing GSTR 9

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