Rent Bill

Arumugam Chandrakanth
watch_later 3 years, 3 months ago

For Rental we should get the Bill from Landlord whether they have registered or not registered.

GST registered Landlord they are providing the bill with Sgst/Ugst/Cgst/Igst according to their GST registration.

not registered Landlord without bill how we have to account if we deal with them any additional exp to us.

  • chatComments
1 Answer

SANTHOSH NAIR watch_later 3 years, 3 months ago

Pls note the following:

1) Renting for residential purpose shall not attract GST (Ref: Not. No.12/2017 of CGST Act).

2) Whereas commercial renting will attract GST and if the Landlord is not regd., the recipient of service should pay GST under RCM and he is able to take the credit of such GST. ( Ref: subsection (4) of Sec.9 of CGST Act).

  • chatComments
Did Not get Answer?

Join the largest Taxation Q&A platform on internet and ASK YOUR OWN question.

Ask your Question

You need to be logged in to answer.

Ask Question