Monthly subscription < 5000/m paid to housing society
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 September 2017
Hi Experts!!
We a company registered under GST act & paying a monthly subscription of Rs 4000 to a local housing society.
Will it attract RCM? or exempted as under the following link? Explanation Required
https://timesofindia.indiatimes.com/business/india-business/no-gst-on-housing-society-rwa-with-rs-5k/mth-subscription/articleshow/59580585.cms
We a company registered under GST act & paying a monthly subscription of Rs 4000 to a local housing society.
Will it attract RCM? or exempted as under the following link? Explanation Required
https://timesofindia.indiatimes.com/business/india-business/no-gst-on-housing-society-rwa-with-rs-5k/mth-subscription/articleshow/59580585.cms
27 September 2017
Exempt. RCM is not applicable to such service vide Notification No. 13/2017- Central Tax (Rate).
27 September 2017
Agreed with Chackrapani Sir.....
28 September 2017
since monthly charges are less than 5000/-...RCM is NOT applicable.
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
- CG Tax On residential property
- Post Office RD Interest
- Applicable TDS for Purchase of Flat from NRI
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Eway bill for machinery reparing
- Under construction property in ITR
- Gift of mutual fund units to daughter
- Not able to file ITR
- Reporting of STCG on Property in ITR
- NRI ITR2 account in 2025-26 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- 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
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
