Rcm on office rent

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Accountant
186 Points Posted on 08 May 2023
Sir please clear,

1)-RCM applicable on office rent?
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On 08 May 2023 at 17:20 Report
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This discussion clarifies the applicability of the Reverse Charge Mechanism (RCM) on office rent. RCM is generally not applicable to office rent unless the payment is made to the government or a local authority. While RCM applies to residential dwellings rented to registered entities (excluding sole traders), it does not apply to non-residential premises like offices.

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24 Points Posted on 08 May 2023
Applicable only if registered person paying rent to govt or local authority.
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On 08 May 2023 at 17:30
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GST Practitioner
55067 Points Posted on 09 May 2023
No... no RCM applicable.

In term of Notification 5/2022 CT rate as amended by Notification 15/2022 CT rate : Renting of residential dwelling to Registered person other than proprietorship concern RCM is applicable.

Note : No RCM is applicable if the rent is paid for the Non-residential premises.
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On 09 May 2023 at 00:35

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