A registered composite dealer sales turnover 1 tax pay only.but dealer rent pay to un registered person for commercial property rs:1,20,000/- year f.y.22-23.
question:
dealer rcm applicable on rent in gst act
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Rcm pay compulsory for composite dealer
Replies (1)
Though composition dealer is also liable to pay GST under RCM whenever applicable under the act.
As rent on commercial property by URD is NOT chargeable, the RD under Composition need not pay RCM over the rent on commercial property.
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