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.


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