GST on Rent after NOTIFICATION NO. 05/2022-CENTRAL TAX (RATE) DATED.13-JUL-2022
This query is : Open
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
- ITR 2 Short Term gain & Long term gain
- Reporting Income under Section 44ADA
- Itr 1 processing
- Off Market debit and credit transaction
- ITR returnFY25-26
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- Article ship defecit
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
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
CAclubindia
