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rent paid

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CA in Practice
241 Points Posted on 15 September 2017
company took premises on rent from director..now company is paying rent of the same... is Gst applied on rent paid?
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On 15 September 2017 at 10:19 Report
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48 Points Posted on 15 September 2017

yes gst is applicable on reverse charge basis

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On 15 September 2017 at 10:54
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"Do the Right Thing...!!!"
128152 Points Posted on 15 September 2017
Yes. GST applicable.
If the director is URD (individual) then pay tax under RCM basis.
If he registered in any individual business then Get taxable receipt or invoices...
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On 15 September 2017 at 10:57
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CA in Practice
241 Points Posted on 15 September 2017
He is not registered in Business.. And what is the rate of Gst applicable here?
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On 15 September 2017 at 11:00
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48 Points Posted on 15 September 2017

rate is 18% in RCM

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On 15 September 2017 at 11:08
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"Do the Right Thing...!!!"
128152 Points Posted on 15 September 2017
If he not registered under GST then RCM applicable on rent paid. Rate of GST @ 18%
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On 15 September 2017 at 11:39


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