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Where can i Declare landlord share in GSTR-1

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Venu Kappala

Accountant

50 Points Joined November 2017

My client having construction business total constructed Flats 13. His share is 8 Flats, landlord share is5 flats, my client paid 8 flats GST but landlord share not paid how to declare land lord share in GSTR-01 (Do landlord share GST to be paid in RCM ?) .

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Rama chary Rachakonda

Master in Accounts & high court Advocate

9434 Points Joined December 2011

To declare the landlord's share in GSTR-1 and determine GST payment:

GST on Landlord's Share - The landlord's share of 5 flats is considered a supply of service (construction service) by your client to the landlord. -

Your client has paid GST on their share of 8 flats but not on the landlord's share.

Reverse Charge Mechanism (RCM) - As per GST laws, the landlord is liable to pay GST under RCM on the construction services received from your client. -

Your client does not need to charge GST on the landlord's share, but the landlord needs to pay GST on the value of the construction services received.

Declaration in GSTR-1 - Your client should report the total taxable value of the construction services provided, including the landlord's share, in GSTR-1.

- Your client should declare the GST paid on their share of 8 flats and not charge GST on the landlord's share. Landlord's GST Payment

- The landlord needs to pay GST on the value of the construction services received (5 flats) under RCM. -

The landlord will report this in their GSTR-3B return and pay the applicable GST amount.

Additional Considerations - Ensure that your client and the landlord maintain proper records and documentation of the transaction, including the agreement and payment details. -

Your client should issue a tax invoice for their share of 8 flats and a separate document (e.g., a memo or statement) for the landlord's share, indicating the value of the construction services provided without GST . By following these steps, your client can correctly declare the landlord's share in GSTR-1, and the landlord can pay GST under RCM.

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