CA Pradeep Sharma
Quick Summary
From now on, if a registered person takes residential dwelling on rent then he will have to deposit GST in reverse charge. But at the same time there are many questions that come to mind, such as whether the office or factory etc. rented in residential area will also attract reverse charge or whethe
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FAQ :
Registered persons renting residential accommodation must now deposit GST under the reverse charge mechanism.
No, the location (commercial or residential area) does not matter. What is important is the purpose for which the property is being used.
A residential dwelling is any accommodation used as a residence for stay, considered a home, and not a place for temporary stay like hotels or guest houses.
A registered person must pay GST in reverse charge if they are using a property for residential purposes, even if it's in a commercial area, or if they are renting an office/factory in a residential area.
Yes, if a registered person rents a factory in a residential area and uses a house there for residential purposes, they will have to pay GST in reverse charge.
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