Rental Paid To Sole Proprietor
The landlord of my office is my boss himself n he is a sole proprietor and a GST registered person as well. Still my boss has to issue a tax invoice with GST n bill to company for the monthly rental? But the GST will be claimed back eventually as its an expenses from the company. How to submit in GST-03 form then? As both my boss n the company are using the same GST registration number. Please advice and thanks.
If the landlord is a GST registered person then he has to charged rental on commercial building GST @ 6% SR. The tenant company whos is a GST registered person can claim input tax credit. As forhow to submit the Return Form GST-03, please refer to the GST Customs Officer at the Customs near your place.
For example, the monthly rental is RM3000 and the GST amount would be RM180 per month. Input tax will be automatically added to the form upon submission as it links with my accounting system but how to pay the output tax which received by my boss under the same submission? Add in RM180 into output tax column manually?