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GST on rent of shop

Bhansali's Auto Zone (47 Points)

15 July 2017

Is Gst on Rent of shop under rcm applicable for an unregistered dealer??

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11 Replies

RAMESH D MODI (Proprietor) (4864 Points)
Replied 15 July 2017

if u pay rent for your shop u will have to pay rcm

1 Like

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Bhansali's Auto Zone (47 Points)
Replied 15 July 2017

than dealer must have registration to comply with law

1 Like

Bhansali's Auto Zone (47 Points)
Replied 15 July 2017

if dealer is unregistered how can comply with rcm.
please reply

V.Raghunadh (Practicing Advocate and Corporate Consultant) (202 Points)
Replied 15 July 2017

To gap the loop hole section 24 of the GST Act clearly mentions that the persons who are required to pay tax under reverse charge has to get REGISTERED.

RAMESH D MODI (Proprietor) (4864 Points)
Replied 15 July 2017

there is section 25 which suggest the dealer who require to pay RCM must get registered mandatory however his supply is less than threshhold.

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RAMESH D MODI (Proprietor) (4864 Points)
Replied 15 July 2017

section 24

Bhansali's Auto Zone (47 Points)
Replied 15 July 2017

but unregistered shopkeeper is receiving service not supplying

V.Raghunadh (Practicing Advocate and Corporate Consultant) (202 Points)
Replied 16 July 2017

Thats what, section 9(4) of GST says that "tax in respect of the supply of taxable goods or services or both by a s

V.Raghunadh (Practicing Advocate and Corporate Consultant) (202 Points)
Replied 16 July 2017

Thats what, section 9(4) of GST says that "tax in respect of the supply of taxable goods or services or both by a s

V.Raghunadh (Practicing Advocate and Corporate Consultant) (202 Points)
Replied 16 July 2017

Thats what, section 9(4) of GST says that "tax in respect of the supply of taxable goods or services or both by a s

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V.Raghunadh (Practicing Advocate and Corporate Consultant) (202 Points)
Replied 16 July 2017

cont., a supplier who is not registered to a registered person then such person has to go by RCM.In your case you will get input tax credit only when you get registered. Since you are not registered you will loose input tax credit.