office rent

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75 Points Posted on 14 July 2017
i am paying 3500rs office rent. my turnover is above 20lac. is there any gst liability on me or my landlord? if so, then what is the rate of gst?
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On 14 July 2017 at 19:19 Report
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"Do the Right Thing...!!!"
128162 Points Posted on 14 July 2017

You have effected RCM on the rental amount. If the landlord is URD then you can fall under RCM for rent

GST @ 18% on Rent

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On 14 July 2017 at 19:29
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75 Points Posted on 14 July 2017
is there any lower limit of rent on which gst is not applicable.
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On 14 July 2017 at 19:57
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"Do the Right Thing...!!!"
128162 Points Posted on 14 July 2017

No more limit to RD

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On 14 July 2017 at 20:00
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12 Points Posted on 14 July 2017
You may opt not to pay GST on RCM since it is below Rs. 5000 per day limit.
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On 14 July 2017 at 22:27

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