Whether rcm or not

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17 Points Posted on 06 September 2020
a registered person paid rent of building to unregistered person so any rcm liability arise
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On 06 September 2020 at 21:43 Report
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This discussion clarifies whether Reverse Charge Mechanism (RCM) applies when a registered entity pays rent to an unregistered landlord. The consensus is that RCM is not applicable in this scenario. Section 9(4) of the GST law, which previously covered such cases, has been amended and is now generally only applicable to promoters and developers, not for standard rental payments between registered and unregistered parties.

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Tax and Business Consultant
11616 Points Posted on 06 September 2020
No RCM liability on Registered person.... Section 9(4) is now applicable to Promoter/developers only. (For all other's it's scrapped).
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On 06 September 2020 at 22:46
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account -GST
1560 Points Posted on 07 September 2020
Not applicable RCM here
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On 07 September 2020 at 05:49

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