Rent under rcm

what is the percentage of rcm on rent for renting a house for business purposes
Replies (7)
Quick Summary
This discussion clarifies that rent paid for business purposes is subject to an 18% Goods and Services Tax (GST) under the Reverse Charge Mechanism (RCM). There is no specified threshold limit for this RCM applicability, meaning businesses must account for GST on rent regardless of the amount paid. This applies even if the business is using the property for commercial activities.

Eighteen Percentage
Agreed with Raja Sir

It's 18%
Rent paid for the purpose of business is subject to gst after a specified threshold limit
RTP can pay tax under RCM ID business use.
Wrong perception
What is the specified threshold limit
No threshold

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