Who will pay the GST in case of Leave and License Agreement for renting a shop, the Lessor or the Lessee? Is GST chargeable if the Lessor is an individual and not a firm?
If the aggregate turnover of Lessor is above 20 lakhs, or if he is already registered under GST, he will charge GST over the license fees at 18%, and the Lessee has to pay it. (Lessee can claim ITC of it)