19 January 2025
I am a proprietorship business owner. Shop rent/ godown rent is paid by my business firm to my own HUF. Will GST have any impact on this? HUF does not have rental income of Rs 20 lakhs in the entire year.
20 January 2025
If the HUF is not registered under GST, but you are registered under normal scheme in GST, you are liable to pay GST over the rent paid to your HUF under RCM.