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 ?
Amol S Joglekar
(Expert)
01 July 2017
yes, it will be service from URD..... RCM will come into play
CA R SEETHARAMAN
(Expert)
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.
CA R SEETHARAMAN
(Expert)
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.
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
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
