Gst under rcm
This query is : Resolved
01 July 2017
Hi,
Please clarify the query
If a company registered under GST takes a rental service from a person who is not registered under GST because of falling under threshold bracket (not exceeding 20 lacs) - are the services still termed as Services from Unregistered dealer & company under liabilty to pay GST first & then take credit after making the payment ?
Please clarify the query
If a company registered under GST takes a rental service from a person who is not registered under GST because of falling under threshold bracket (not exceeding 20 lacs) - are the services still termed as Services from Unregistered dealer & company under liabilty to pay GST first & then take credit after making the payment ?
01 July 2017
yes, it will be service from URD..... RCM will come into play
01 July 2017
The services are still termed as Services from Unregistered dealer & company under liability to pay GST first & then take credit after making the payment.
01 July 2017
The services are still termed as Services from Unregistered dealer & company under liability to pay GST first & then take credit after making the payment.
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