RCM ON RENT FACTORY / SHOP/ HOME

IF ONE IS GST REGISTERED PERSON AND HIS FACTORY / SHOP/ GODOWN IS ON RENT.
WHEATHER RCM WOULD APPLICABLE OR NOT. IF RENT PAID TO URESGITERED PERSON.

AND HIS HOUSE WHERE HE IS LIVING IS ON RENT BUT NO EXPENCES IS CLAIMED IN PROFIT LOSS .WOULD BE UNDER RCM OR NOT.
Replies (3)
Quick Summary
This discussion clarifies the applicability of the Reverse Charge Mechanism (RCM) under GST for rented properties. It explores scenarios involving factories, shops, and residential homes, particularly when rent is paid to a registered person. The consensus is that RCM generally does not apply to commercial properties rented by a GST-registered individual. However, RCM is applicable to residential properties rented by a registered person since July 2022, even if the property is used for residential purposes and no business expenses are claimed.

1. Not applicable as it is under forward charge.

2. No RCM when the residential house is used for residential purpose...

RCM is applicable on residential house property with effect from 18.07.2022 where tenant is a registered person.

Can u please clear more (wheather it is like that if one take a residential property for shop or factory rcm applicable ) if he tooks a commercial property on rent no rcm applicable

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
04 September 2026
CA inter Or ca finalist

A Jaiswal and company

Lucknow

CA Final

View Details
Company
18 August 2026
Audit Assistant - Remote / Work From Home

CA ANOOP P K & ASSOCIATES

Kozhikode

CA Inter

View Details
Company
ARTICLESHIP 29 August 2026
Article Assistant

RRPM & ASSOCIATES LLP

Chennai

CA Inter

View Details
Company
27 August 2026
ACCOUNTANT

CHARUPREETI & CO

Noida

Graduate (Any)

View Details
Company
19 August 2026
PAID ARTCILE ASSISTANT

My Legal Tax Consultants Pvt. Ltd.

Noida

CA Inter

View Details
Company
25 August 2026
Senior Accountant

MG Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 25 August 2026
CA Article's

Saini Pati Shah & Co LLP

Mumbai

CA Inter

View Details
Company
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details