Menu
Rent- itc
if a business is paying rent for commercial property to an unregistered person.is there a liability to pay under RCM?
Replies (7)
Rent paying for commercial property
not necesarrily
not necesarrily
No. There is no requirement to pay GST under RCM in this scenario.
Liability to pay RCM arises in case of rent payment for use of residential property by GST registered person
No, there is no requirement for reverse charge mechanism on commercial property.
RCM is not applicable to renting commercial property.
Thank you
No. There is no requirement to pay GST under RCM on commercial property taken on rent from unregistered person.
Recent Threads
- Import of goods and igst related
- DGFT licence port mismatch with Postal (PAD) impor
- Tax on sale property (Land)
- Recruitment for Jr.Accountant.
- Refund of tax paid earlier
- WHY and which ITR just to declare company shares ?
- Contribution to political party
- 40+ single CA group
- Interest u/s 234B on updated return u/s 139(8A)
- GST registration documents
CAclubindia
