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Rcm on rent

28 March 2018

sir up to Oct we have been puting Rcm on godown rent which is Rs 12500 upto Oct and stopped after that till feb can we do it now in March return pl advice

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3 Replies

RAJA P M ("Do the Right Thing...!!!") (127817 Points)
Replied 28 March 2018

From 13th October RCM is not applicable for URD related activities. So, No need to pay GST Tax under RCM basis...
Also the Suspended law extended to 30th June 2018.... No need to pay GST Tax under RCM basis from 13th October 2017 to 30th June 2018...

Otherwise wait on further notifications...

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C R RADHAKRISHNAN (ACCOUNTANT) (210 Points)
Replied 28 March 2018

We are taking one Lorry for lease (Lorry in the Name of Wife), leased taken by (husband) seperate separate gstn holders. hUSBAND USES THE LORRY FOR HIS OWN BUSINESS. IS GST APPLICABLE . FOR WHOM AND HOW MUCH % OF GST AND TO WHOM PAYABLE THE GST AMOUNT.