Letting commercial property on RCM basis, whether owner required to obtain GST and raise the bill
This query is : Resolved
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Venkateshwarlu Pulluri
(Querist)
29 January 2024
one commercial property is being let out under RCM basis under GST, in this case whether owner required to obtain GST registration or he may raise the bill without GST
CA R SEETHARAMAN
(Expert)
29 January 2024
GST registration is required in case of annual rental value is more than 20 lacs and raise bill with GST
CA Altamush Zafar
(Expert)
30 January 2024
Commercial property does not come under RCM. If the rent along with other supplies exceeds 20 lakhs of the landlord then he will be liable for registration
31 January 2024
Agree with Both the Experts Opinion, RCM is basically for Residential Property taken on Rent and other Conditions are to be fulfilled
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