Rcm under gst

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PROPRIETOR
552 Points Posted on 26 August 2020
rent regards commercial property paid to unregistered person , liable this type expenses liable RCM by registered person under gst , please clarify position at present
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On 26 August 2020 at 18:27 Report
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Quick Summary
This discussion clarifies the Reverse Charge Mechanism (RCM) applicability for rent paid on commercial property to unregistered persons under GST. Currently, registered persons are generally not liable for RCM on such payments, as Section 9(4) of the CGST Act has been largely scrapped, except for specific cases involving promoters and developers. The relevant amendments and notifications are cited for further reference.

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Tax and Business Consultant
11616 Points Posted on 26 August 2020
If you are registered person Paying rent regarding commercial property to unregistered person, than there is no RCM liability because RCM is not applicable in this case...
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On 26 August 2020 at 18:34
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audit
47 Points Posted on 26 August 2020
RCM inward tax payable or not?
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On 26 August 2020 at 19:55
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Tax and Business Consultant
11616 Points Posted on 26 August 2020
Not required to pay in this case....if Rent paid on unregistered person 'No RCM' as RCM Sec. 9(4) is scrapped / removed for all persons except Specified person ( promoter/ developers).
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On 26 August 2020 at 20:13
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audit
47 Points Posted on 27 August 2020
Thanks mr.sagar patel sir, any notification sir
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On 27 August 2020 at 10:58
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Tax and Business Consultant
11616 Points Posted on 27 August 2020
Refer The Central Goods And Services Tax (Amendment) Act, 2018 (No. 31 Of 2018) read with Notification No. 07/2019- Central Tax (Rate) dated 29th March, 2019
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On 27 August 2020 at 12:27
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audit
47 Points Posted on 27 August 2020
K thanks mr.sagar jii
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On 27 August 2020 at 12:29
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Tax and Business Consultant
11616 Points Posted on 27 August 2020
Welcome.......... imran jii
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On 27 August 2020 at 12:37

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