i want gst registration but my business place is rented and i am also live in this place so i want to know how much stamp value required for agreement if my rent is 2000 per month. i make rent agreement on 100 rs. stamp value but gst department has rejected my application. reason - Rent agreement is not valid as less stamp duty paid .Please attach original valid rent agreement.
| Originally posted by : shashank srivastava | ||
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i want gst registration but my business place is rented and i am also live in this place so i want to know how much stamp value required for agreement if my rent is 2000 per month. i make rent agreement on 100 rs. stamp value but gst department has rejected my application. reason - Rent agreement is not valid as less stamp duty paid .Please attach original valid rent agreement. |
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Lease, Including an under-lease or sub-lease and any agreement to let or sub-let or any renewal of lease- |
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(i) where the lease purports to be for a term not exceeding three years; |
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two per cent of the whole amount payable or deliverable under such lease |
You make Rent Agreement on the Stamp Duty Value
=2000*12*2%= 480/-
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