Rcm
This query is : Resolved
03 June 2018
Please clear a point of RCM on under mentioned conditions :-
1)If a proprietor of a firm is giving his industrial property to a company in which he is also a director, is RCM will be applicable ?
2) Rent amount is below 10 Lac.
3) he is taking salary from company.
1)If a proprietor of a firm is giving his industrial property to a company in which he is also a director, is RCM will be applicable ?
2) Rent amount is below 10 Lac.
3) he is taking salary from company.
03 June 2018
From 13th October 2017 to 30th June 2018 RCM not applicable for 1 & 2...
3. GST not applicable.
03 June 2018
Thanks for your valuable reply, please clear more as in sr.no.1 factory on rent was from fy 12-13. Is that time RCM will be applied, if not please share any notification.
03 June 2018
RCM service tax was not applicable on Renting of property. It is not covered under the service provided by the Director
07 June 2018
Suresh sir,
Can you please share any notification for this.
Can you please share any notification for this.
08 June 2018
Please refer Sr. No. 6 of notification number 13/2017- CT (Rate)
Message likes :
1 times
01 August 2018
Sir,
In above mentioned notification no.13/2017 CT rate only 5 points & that is for central tax, my issue is of Sr.Tax, please advise.
In above mentioned notification no.13/2017 CT rate only 5 points & that is for central tax, my issue is of Sr.Tax, please advise.
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
- CAPITAL GAIN BASE ON NOTIFICATION
- Taxable or Tax exempt
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- TDS Deducted AY-2013-14 Not Reflected in 26as
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- ADVANCE PAYMENT OF ADVOCATE
- Eway bill not cancelled within 24 hous what can be due
- CREDIT NOTES WITHOUT GST
- Eway bill generation from place other than registeted
- TDS Return Q1 FY 2026-27
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
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
