Regarding RCM on rent for Composition GST Holders

This query is : Resolved 

Quick Summary
A recent GST amendment clarifies that composition scheme GST holders are liable for Reverse Charge Mechanism (RCM) on rent paid for commercial property to unregistered persons. This new rule came into effect from October 10, 2024.

24 October 2024 Respected Colleagues,
As per latest amendments in GST, If GST holders under composition scheme paid rent to Unregd person on commercial property is liable for RCM 18% on rent?? if yes, then effective date or Month??

25 October 2024 Yes, from 10.10.2024.

25 October 2024 Thanku Sir..............

25 October 2024 You are welcome.


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
ARTICLESHIP 10 July 2026
Article Assistant

N S Gokhale & Co

Thane

CA Inter

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

Sahil Agarwal & Company

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 17 July 2026
Article Assistant and B.com pass

BANSAL YOGESH AND CO

Gautam Budh Nagar

B.Com

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
Featured 18 July 2026
CA Articleship

apricus india

Mumbai

CA Inter

View Details
Company
21 July 2026
Chartered Accountant

Keshri & Associates

Thiruvananthapuram

CA

View Details
Company
ARTICLESHIP 14 July 2026
Article Assistants

R Shyam and Associates

New Delhi

CA Final

View Details