18 December 2024
As per the GST law, services provided by the Government to the business are generally subject to RCM under GST, but the fees paid to the Registrar of Companies (ROC) are usually not subject to RCM. Property tax is not subject to GST since it is not considered a supply of goods or services under GST. If the license renewal fee is for a service provided by a government authority to a business, RCM may apply. For example, if the service is for the renewal of a specific license for business operations, RCM can be applicable under certain conditions.