A registered composite scheme dealer sales of goods turnover rs:80 lacs composite tax 1 precentage pay only.but dealer rent pay to urd person of commercial property rs:1,20,000/- yearly f.y.22-23.
question:
dealer rent pay transaction rcm applicable and rate of tax paid
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Rcm pay on rent paid to urd person for composition dealer
Replies (2)
Quick Summary
Rcm applicable only to residential property let out to registered person.
No RCM applicable
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