RCM on Rent from October 2024

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28 Points Posted on 16 December 2024
Respected Sir,

please let me know is there mandatory RCM to be paid on rent paid for commercial use ?
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On 16 December 2024 at 12:51 Report
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Quick Summary
This discussion clarifies the applicability of the Reverse Charge Mechanism (RCM) on rent paid for commercial use starting October 2024. It confirms that RCM is mandatory if the landlord is unregistered and the tenant is registered for GST. This ensures compliance for businesses renting commercial properties.

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Employee Private
1913 Points Posted on 17 December 2024

Yes, if the service provider is un-registered and receipent is registered.

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On 17 December 2024 at 13:07
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28 Points Posted on 03 January 2025
Thank you sir
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On 03 January 2025 at 09:46

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