we are hiring a premises on rent for coaching classes and rent deed will be entered. this premises consist of 2 floors. one is to be used by us and another floor by other firm. other firm will pay us part of the rent. we will register as composition service provider under GST.
my query is implications for GST when we receive the part of the rent from other firm.
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rent adjustment.
Replies (1)
As of now you are not eligible for composition scheme for service provider.
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