RCM APPLICABLE UNDER RENTAL
This query is : Resolved
26 October 2023
RCM for rent is applicable for commerical or residential? In view from Business perspective.
27 October 2023
It's residential.
With regard to residential rent, the RCM provision applies when the landlord is an unregistered person (i.e., not registered under GST) and the tenant is a registered person (i.e., registered under GST). In such cases, the tenant is required to pay the GST on the rent under the RCM.
With regard to residential rent, the RCM provision applies when the landlord is an unregistered person (i.e., not registered under GST) and the tenant is a registered person (i.e., registered under GST). In such cases, the tenant is required to pay the GST on the rent under the RCM.
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
- Gst registered proprietorship firm
- TDS Challan - change of FY 2025-26 to TY 2026-27
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- SALARY CAN BE CAPITALIZE
- UDIN ISSUE
- TDS on purchase of under construction property from a reseller
- Non filing of I T Returns
- GST Intimation due to Government took possession of Business Premises under PPE Act
- TDS on Fixed Assets purchased
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- 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
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
