RCM ON RENT PAID TO GOVT.

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Accountant
75 Points Posted on 22 December 2020
Hi..
Whether RCM is applicable on rent paid to Govt. authorities (for immovable property)
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On 22 December 2020 at 15:10 Report
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This discussion clarifies the applicability of the Reverse Charge Mechanism (RCM) on rent paid to government authorities for immovable property. It confirms that RCM is indeed applicable for registered persons. For unregistered persons, the standard Forward Charge Mechanism (FCM) applies.

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student
59 Points Posted on 22 December 2020
For registered person it's under RCM
for unregistered under FCM
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On 22 December 2020 at 16:59
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Student
5119 Points Posted on 22 December 2020
Yes applicable
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On 22 December 2020 at 16:59

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