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RCM applicable on Brokerage paid to unregistered real estate broker

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Senior Accountant
64 Points Posted on 02 July 2021
RCM applicable on Brokerage and commission paid to unregistered person ?

It is related to Transfer development Right (TDR) transaction ?
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On 02 July 2021 at 13:11 Report
Replies (4)
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GST Consultant
15986 Points Posted on 02 July 2021
RCM not applicable on brokerage.
55 Reply
On 02 July 2021 at 13:19
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915 Points Posted on 02 July 2021
If any contract between person and regd Real estate under gst for a commission .
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On 02 July 2021 at 13:26
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Senior Accountant
64 Points Posted on 02 July 2021
If there is not contract between company and unregistered person.
the commission paid to agent is cover under RCM ?
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On 02 July 2021 at 14:16
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GST Practitioner
55067 Points Posted on 02 July 2021
No there is no RCM on commission paid to URD.
As per the notification 5/2019 the liability to
pay tax on TDR is on promotor under RCM .

So in that case if it is a portion of TDR amount then in that case the person (promotor) is liable to pay tax under RCM
301 Reply
On 02 July 2021 at 23:58


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