RCM ON BUILDING RENT ??

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40 Points Posted on 29 October 2020
Dear Sir/Mam
what I have to Pay RCM on building/office Rent ??
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On 29 October 2020 at 23:10 Report
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Quick Summary
This discussion clarifies the applicability of the Reverse Charge Mechanism (RCM) on building and office rent under GST. Generally, renting immovable property is a forward charge service. However, RCM might apply in specific circumstances, particularly when the supplier is a government authority.

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Accountant
3662 Points Posted on 30 October 2020
RCM is not applicable on Rent
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On 30 October 2020 at 08:05
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Tax Consultant & Practitioner
6195 Points Posted on 30 October 2020
Originally posted by : adesh kumar
Dear Sir/Mam what I have to Pay RCM on building/office Rent ??

Renting of immovable property is a supply which needs to be discharged on frwd basis except in case of govt authorities

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On 30 October 2020 at 10:46

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