If I pay godown rent to an unregistered person do I have to pay GST under RCM...
If yes then why because rent is not listed under the list of services listed for RCM
8 Replies
HARSHAD S SHINDE
(PROPRIETOR)
(141 Points)
Replied 19 July 2017
if u r registered person then u have to pay tax under reverse charge on every purchase from unregistered person, hence u have to pay tax under RCM.
HARSHAD S SHINDE
(PROPRIETOR)
(141 Points)
Replied 19 July 2017
Limit of 5000 is on daily expenditure rent we pay on monthly basis
Amit Jain
(17 Points)
Replied 19 July 2017
if we take services of GTO( who does not issue consignment note) from an unregisterd person..does it fall under RCM and does the limit of 5000 per day apply on it?
HARSHAD S SHINDE
(PROPRIETOR)
(141 Points)
Replied 20 July 2017
RCM is compulsory in case of GTA irrespective of limit of 5000. Limit of 5000 is applicable on expenditure which are not specified
Amit Jain
(17 Points)
Replied 20 July 2017
Sir that's why I wrote GTO...GST makes a difference between GTA and GTO( goods transport operators who do not issue consignment notes) Sir pl clarify...as most of out transpoeters are of this nature
HARSHAD S SHINDE
(PROPRIETOR)
(141 Points)
Replied 20 July 2017
RCM is compulsory in case of Transport Operators without limit
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