RCM for Consultancy

This query is : Resolved

H Thakar (Querist)
Follow

06 December 2021 I have hired advocate for consultancy of my property. I have received invoice for the same amounting to Rs 1.5 Lakhs.

Do i need to pay RCM on above. ?

I am individual and the payment will done from my personal account.

Also advice on TDS Compliance of the same

B Sathyanarayanan

B Sathyanarayanan (Expert)
Follow

06 December 2021 if you have a Valid TAN No , deduct TDS and if you are registered under GST and having GSTIN No , u can deduct RCM on Advocate Bill and pay . Since you are individual and paying from Personal account and not holding Valid GSTIN no not necessary to deduct RCM .

Udaya Chandran

Udaya Chandran (Expert)
Follow

07 December 2021 RCM is applicable on all business entity. If you're an individual, doing business, then RCM is applicable, you need to get GST registered if not registered before.

H Thakar

H Thakar (Querist)
Follow

07 December 2021 Dr Mr Udaya

I dont do any business i am retired person

CMA Poornima Madhava

CMA Poornima Madhava (Expert)
Follow

13 December 2021 If this is for personal purpose, no need to pay GST under RCM.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

GIRISH K SATTI

R M Shekhaliya

prasanth kona

Yandamuri yesu raju

efiletax

Subscribe Now

RCM for Consultancy

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Article Assistant

Manager- Finance and Compliance

GST CONSULTANCY

CA Final

GST CONSULTANT

Accountant