RCM is applicable on Commercial property taken on rent, E.g Company ( Registered Under GST ) takes the property on rent from individual ( Not registered under GST ) for commercial purpose. Please advise company suppose to pay GST under RCM on Rent.
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Quick Summary
This discussion clarifies the applicability of the Reverse Charge Mechanism (RCM) on rent paid for commercial properties. It confirms that RCM is generally not applicable in such scenarios, especially when a GST-registered company rents from an individual not registered under GST. The advice is that the supplier should charge GST under the forward charge mechanism if they are registered.