Reverse charge mechanism
This query is : Resolved
22 December 2012
If the director of a company rents his premises to the company will it be construed as provision of services for the purpose of notification no. 45/2012 dated 7th August,2012 and will reverse charge mechanism be applicable to the company on the same.
27 December 2012
Hi Shilpa,
The objective of notification 45/2012 is to cover the Non Executive directors who are getting commission and bonus from the company.
Reverse charge shall not apply if the directors has given the property on rent to the company.
Thanks
The objective of notification 45/2012 is to cover the Non Executive directors who are getting commission and bonus from the company.
Reverse charge shall not apply if the directors has given the property on rent to the company.
Thanks
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Sale of property furniture sale
- RCM INVOICING FROM NOV-2024
- Tds on building rent monthly
- Darpan registration
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
