Which type of service or goods liable for rcm
This query is : Resolved
Sagar R Trivedi
(Querist)
06 May 2019
If builder construct a commercial building. so which type of goods or service he should pay RCM??plz help
Asiya Begum
(Expert)
06 May 2019
If the builder is receiving any services mentioned in Sec. 9(3) of CGST Act read with Notification No. 13/2017 - CT (rate) as amended, the builder should pay GST under RCM. Some of the services includes legal services, goods transportation agency services, sponsorship services.
Further, the builder shall also pay GST under RCM on the land development rights received from the landlord. There are certain conditions attached to it. For details refer notification No. 7/2019 - IT (Rate)
Further, the builder shall also pay GST under RCM on the land development rights received from the landlord. There are certain conditions attached to it. For details refer notification No. 7/2019 - IT (Rate)
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
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
CAclubindia
