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).
CA Rashmi Gandhi
(Expert)
27 September 2017
Agreed with Chackrapani Sir.....
Amol S Joglekar
(Expert)
28 September 2017
since monthly charges are less than 5000/-...RCM is NOT applicable.
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