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.
CA Shyam Agrawal
(Expert)
03 September 2023
RCM applicable on Property 2
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