Rent- itc
Aditi Jain (9 Points)
30 April 2024
if a business is paying rent for commercial property to an unregistered person.is there a liability to pay under RCM?
sabyasachi mukherjee
(26290 Points)
Replied 30 April 2024
CA Mayank A Jain
(Chartered Accountant in Practice)
(1146 Points)
Replied 30 April 2024
No. There is no requirement to pay GST under RCM in this scenario.
CA Raj Doshi
(Practising CA)
(8799 Points)
Replied 30 April 2024
CA Anoop Kumar Sharma
(Accounts Manager)
(614 Points)
Replied 01 May 2024
No, there is no requirement for reverse charge mechanism on commercial property.
GANESH NAGPURE
(26 Points)
Replied 04 May 2024
CA Mayank A Jain
(Chartered Accountant in Practice)
(1146 Points)
Replied 15 May 2024
No. There is no requirement to pay GST under RCM on commercial property taken on rent from unregistered person.
CAclubindia
