Clarification on renting of residential dwelling



Quick Summary
From now on, registered individuals renting residential accommodation must pay GST under the reverse charge mechanism. The key factor is the property's use as a dwelling, meaning a place where one lives and considers home, rather than its location in a commercial or residential zone. This applies even if the dwelling is in a commercial area or if an office/factory is rented in a residential area.

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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3,499
(Excl. of GST ₹629)
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1,999
(Excl. of GST ₹359)

3 MONTHS PLAN
999
(Excl of GST ₹179)
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About the Author

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PRADEEP K SHARMA ASSOCIATESwas established in the year 2011. It is a chartered accountancy firm rendering comprehensive professional services which include audit, management consultancy, tax consultancy (SPECIALISED IN GST) , accounting services, manpower management, secretarial services etc. PRADEEP K SHARMA AS ... Read more

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