Gst on gowdon on rent

252 views
User Avatar

student
239 Points Posted on 08 March 2020
whether godwon taken on raye from unRegistred person is lible under gst on RCM basis or its exempt
0 Reply Share Follow
On 08 March 2020 at 20:59 Report
Replies (3)
Quick Summary
This discussion clarifies the applicability of GST on rent received from unregistered persons. Currently, Reverse Charge Mechanism (RCM) under Section 9(4) does not apply to such transactions. The government has put these provisions on hold, meaning no RCM is applicable for rent received from unregistered suppliers at this time.

User Avatar

GST Practitioner
55067 Points Posted on 09 March 2020
No there is no RCM in this case .
Reply
On 09 March 2020 at 01:11
User Avatar

M Com FCS LLB M-AIMA
14046 Points Posted on 09 March 2020

As of now no RCM is applicable in this case since Govt. is yet to notify the class of registered persons on whom the RCM will be applicable u/s 9(4).

1 Reply
On 09 March 2020 at 13:00
User Avatar

Consultant
1891 Points Posted on 09 March 2020

No, at present there is no RCM if supply received from unregistered person.

The provisions of Section 9(4) have been put on hold by the govt for time being. 

Reply
On 09 March 2020 at 13:27

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Criteria to hire an article
  2. Guidence requested for a Finance Professional with
  3. Expert Opinion Required – Form 140 Gross Amo
  4. WRONG TAX DEMAND - formal responses , rectificatio
  5. Foreign remittance
  6. Affordable Residential Flats in Gurgaon
  7. Manufacturing
  8. TAN REGISTRATION ON E-FILLING SITE
  9. Form 10-IEA – Continuing Old Regime
  10. Income tax act 2026

More recent discussions | Post

Related Topics :

Loading