Rcm on rent
This query is : Resolved
22 April 2019
Hello Experts
Our Company is registered In GST.
1 .Our Company paid rent per month.from April 2018 To March 2019 .
2. Approx Amount 1,10,000 P.M After Deducting TDS to Mr A and same amount To Mr B
3. Mr A & B are raising Invoices to our company without GST Charges Because they are not registered in GST
Now Company will pay GST under RCM or not
Please guide
Thanks In advance
Our Company is registered In GST.
1 .Our Company paid rent per month.from April 2018 To March 2019 .
2. Approx Amount 1,10,000 P.M After Deducting TDS to Mr A and same amount To Mr B
3. Mr A & B are raising Invoices to our company without GST Charges Because they are not registered in GST
Now Company will pay GST under RCM or not
Please guide
Thanks In advance
22 April 2019
No
Company will not pay GST under RCM
Payment of rent to unregistered person has not been notified under sec 9(3) or 9(4) of CGST Act
Section 9(3) of the CGST Act, 2017 provides the provisions of reverse charge and the same is reproduced as follows;
“The Government may, on the recommendations of the Council, by notification, specify categories of supply of goods or services or both, the tax on which shall be paid on reverse charge basis by the recipient of such goods or services or both
Company will not pay GST under RCM
Payment of rent to unregistered person has not been notified under sec 9(3) or 9(4) of CGST Act
Section 9(3) of the CGST Act, 2017 provides the provisions of reverse charge and the same is reproduced as follows;
“The Government may, on the recommendations of the Council, by notification, specify categories of supply of goods or services or both, the tax on which shall be paid on reverse charge basis by the recipient of such goods or services or both
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22 April 2019
RCM On Rent not applicable except following services
https://www.caclubindia.com/share_files/files_download.asp?cat_id=54&files_id=77094
https://www.caclubindia.com/share_files/files_download.asp?cat_id=54&files_id=77094
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