One of Our Client is operating a Goods Transport Agency Service from his RENTED home. He Obtained GST Registration and opted for Reverse Charge mechanism GST Payment( By Recipients ). Now Since the government introduced GST Payment on RCM On rent Payment to residential Premises, does the above mentioned person also need to Pay Such GST On RCM ? If Yes Can he claim full ITC On such GST Paid?
Note : Since he is a GTA all his receipts are exempt from GST.
CAclubindia
