Residential property pe gst kon pay kerega when both supplier n receipient are resgistered

residential property pe gst kon pay kerega when both supplier n receipient are resgistered
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Quick Summary
For residential property rentals, GST is generally not applicable when the property is used for residential purposes. However, if Reverse Charge Mechanism (RCM) applies due to specific notifications, the registered tenant becomes liable to pay GST. Input Tax Credit can be claimed on RCM payments. The forward charge does not apply to registered suppliers (landlords) in this scenario.

residential property par 18.07.2022 se RCM introduce kiya gaya hai lekin residential property notification no 12/2017 se exempted hi rahegi and RCM pay karne ki liability registered tenant par hogi. RCM par input tax credit claim kiya ja sakta hai. residential property par forward charge applicable nahi hai jaha tak registered supplier yani landlord ka sawala hai.

No one is required to pay GST if both are registered
Wrong. one has to pay and one can take input credit.

There is no GST on renting when a residential property is used for residential purposes. 

@ sabyasachi mukherjee, No GST on residential dwelling.

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