Reverce charge applicable
This query is : Open
10 October 2017
dear sir may cilent in dealing only saree which is covered under goods only. he has paid office rent of 10000 permonth.whether reverce charge applicable in this case it is dealing only goods not services.if applicable then it will be calculted after deduction rs 5000 per day exp.
total rent = 1200000
less= (60000)
60000 5000*12*18%
gst paid = 10800 on only 60000 amount it is to be treated as input services
total rent = 1200000
less= (60000)
60000 5000*12*18%
gst paid = 10800 on only 60000 amount it is to be treated as input services
10 October 2017
This is totally a wrong calculation.
first clarify rent is 1 lac or 10 thousand.
if 1 lac then gst payable per month is rs. 18000
if 10000 then gst payable is 1800.
daily deduction of 5000 not applicable in this case.
10 October 2017
Yes...
I agreed with Mr Anshul Aggarwal....
Also the RCM is suspended in 22nd GST council meeting. Wait on further notifications...
10 October 2017
RCM only u/S 9(4) will be suspended after notification.
RCM u/S 9(3) is still applicable.
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
- TDS 194-T applicability
- Tds on commission charges
- TDS on Complimentary "Desi Ghee and Gold Coin" Provided to KBC Contestants
- Applicability of GST on Salary Reimbursement Component
- GST ITC REVERSE
- TDS on TRUST
- Consolidated financials
- New GST registration for new place of business.
- Need Professional Opinion AY 2012-13 Old Demand
- Withdrawal in cash from partners capital account by partner
- Dep. as per companies act
- 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
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
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
Quick Links
Featured
11 September 2026
Audit Executive
RBSM Corporate Advisors Private Limited
Pune
CA
View Details
Featured
12 September 2026
Assistant Manager - Finance & Compliance
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
ARTICLESHIP
07 September 2026
CA Articles
Kothari Jain Patil & Chartered Accountants
Pune
CA Inter
View Details
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER
Anupam Parashar & Co.
Ghaziabad
CA Final
View Details
ARTICLESHIP
21 September 2026
CA Article Assistant
KK & Company Chartered Accountant
Pune
CA Inter
View Details
CCI
Pro
CAclubindia
