TaxTMI 
TaxTMI 
If the client has not charged one month rent from tenant of shop then whether gst is to be paid on it as there is rental agreement which fixed monthly rent or gst is not required to pay as no consideration is received.
Whether GST can be wavie if one month rent is not charged due to Covid 10
31 May 2020 
5 Replies 
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GST on waived rent: possession constitutes supply, so taxability arises unless documentation or exception avoids it.
Taxability of a waived month's rent depends on whether allowing continued possession constitutes a supply of services; if so, GST arises despite non-receipt of payment. Practical measures include issuing the invoice as per agreement and later issuing a credit note, or documenting an amendment/waiver to avoid creating a taxable supply; force majeure and statutory exceptions require further expert consideration. (AI Summary)
Taxability of a waived month's rent depends on whether allowing continued possession constitutes a supply of services; if so, GST arises despite non-receipt of payment. Practical measures include issuing the invoice as per agreement and later issuing a credit note, or documenting an amendment/waiver to avoid creating a taxable supply; force majeure and statutory exceptions require further expert consideration. (AI Summary)