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)
Quick Summary
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 Topics :
- Itr 4 problem
- Capital Gains Mismatch Due to Sale Agreement in FY
- REGARDING NRO INVESTMENT IN SHARES OF DOMESTIC COM
- DTAA benefits
- SUPPLEMENTARY AGREEMENT FOR ADDING A PARTER IN TN
- Part availmement of ITC in case of rejection of su
- Due date for itr 5 no audit with loss for fy 25 26
- Capital Gains Mismatch AIS
- Inward E-way bill from Tally Prime 7.1
- Query regarding exemption under Section 10(10AA) &
CAclubindia
