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Pls advice me on rcm on rent
My tenant is a charitable trust n they so do not have gst means they r not registered with gst n the rent is 3 lac per month . I paying gst from my pocket . Is there ny process of RCM Or ITC ?
Replies (2)
Yes. You ll be pay Tax under RCM basis then you can get ITC....
(No more feel the tax from your pocket. Bcoz, In case the tenant is register then he ll be collect Tax 3lakhs + Tax)
(No more feel the tax from your pocket. Bcoz, In case the tenant is register then he ll be collect Tax 3lakhs + Tax)
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