https://www.taxtmi.com/forum/issue?id=112832 GST applies to arrangements where an interest free refundable deposit substitutes for periodic rent: such transactions are supply and taxable on a deemed rental value determined by market valuation rules. The landlord should document and account GST on the deemed rent; pragmatically amounts may be treated as advances with receipt vouchers charging GST and refund vouchers on repayment. Input tax credit for the tenant will generally not be available absent invoicing and corresponding accounting of the notional rent. en-us Sun, 17 Sep 2017 16:57:02 +0530 Thu, 23 Jan 2025 15:55:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=112832 GST applies to arrangements where an interest free refundable deposit substitutes for periodic rent: such transactions are supply and taxable on a deemed rental value determined by market valuation rules. The landlord should document and account GST on the deemed rent; pragmatically amounts may be treated as advances with receipt vouchers charging GST and refund vouchers on repayment. Input tax credit for the tenant will generally not be available absent invoicing and corresponding accounting of the notional rent. Discussion-Forum GST Sun, 17 Sep 2017 16:57:02 +0530 https://www.taxtmi.com/forum/issue?id=112832