GST on Rent after NOTIFICATION NO. 05/2022-CENTRAL TAX (RATE) DATED.13-JUL-2022
This query is : Open
Quick Summary
02 September 2023
My client is an Individual and has a proprietory business and is a registered person in GST:
He pays rent to an unregistered person in GST for:
property 1 : residential dwelling for his residence purpose and is showing the amount as drawings.
property 2 : residential dwelling for business purpose and is showing the amount as business expenses.
property 3 : commercial dwelling for business purpose and is showing the amount as business expenses.
Please clarify on which property RCM is applicable and which is exempt.
He pays rent to an unregistered person in GST for:
property 1 : residential dwelling for his residence purpose and is showing the amount as drawings.
property 2 : residential dwelling for business purpose and is showing the amount as business expenses.
property 3 : commercial dwelling for business purpose and is showing the amount as business expenses.
Please clarify on which property RCM is applicable and which is exempt.
03 September 2023
RCM applicable on Property 2
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Gst registered proprietorship firm
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Price inclusive or exclusive of GST while made entry in P& L Account
- Dep. as per companies act
- Minimum tax payable to file Updated return
- Applicability of GST on Salary Reimbursement Component
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Renovation exp. in flat by family member
- SALARY CAN BE CAPITALIZE
- UDIN ISSUE
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
Quick Links
ARTICLESHIP
21 September 2026
CA Article Assistant
KK & Company Chartered Accountant
Pune
CA Inter
View Details
CCI
Pro
CAclubindia
