Rcm on rent
This query is : Resolved
22 April 2019
Hello Experts
Our Company is registered In GST.
1 .Our Company paid rent per month.from April 2018 To March 2019 .
2. Approx Amount 1,10,000 P.M After Deducting TDS to Mr A and same amount To Mr B
3. Mr A & B are raising Invoices to our company without GST Charges Because they are not registered in GST
Now Company will pay GST under RCM or not
Please guide
Thanks In advance
Our Company is registered In GST.
1 .Our Company paid rent per month.from April 2018 To March 2019 .
2. Approx Amount 1,10,000 P.M After Deducting TDS to Mr A and same amount To Mr B
3. Mr A & B are raising Invoices to our company without GST Charges Because they are not registered in GST
Now Company will pay GST under RCM or not
Please guide
Thanks In advance
22 April 2019
No
Company will not pay GST under RCM
Payment of rent to unregistered person has not been notified under sec 9(3) or 9(4) of CGST Act
Section 9(3) of the CGST Act, 2017 provides the provisions of reverse charge and the same is reproduced as follows;
“The Government may, on the recommendations of the Council, by notification, specify categories of supply of goods or services or both, the tax on which shall be paid on reverse charge basis by the recipient of such goods or services or both
Company will not pay GST under RCM
Payment of rent to unregistered person has not been notified under sec 9(3) or 9(4) of CGST Act
Section 9(3) of the CGST Act, 2017 provides the provisions of reverse charge and the same is reproduced as follows;
“The Government may, on the recommendations of the Council, by notification, specify categories of supply of goods or services or both, the tax on which shall be paid on reverse charge basis by the recipient of such goods or services or both
Message likes :
1 times
22 April 2019
RCM On Rent not applicable except following services
https://www.caclubindia.com/share_files/files_download.asp?cat_id=54&files_id=77094
https://www.caclubindia.com/share_files/files_download.asp?cat_id=54&files_id=77094
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
- Tax on capital gains revoked us 54f
- Refund of AY 22-23
- Should I include march foreign salary received in April in my income for FY 2023-24?
- HSN Details in IFF/GSTR-1 & in GSTR 9
- Inventory of finished goods
- GST APPLICABILITY ON POLLUTION CHECK SERVICE
- Company Incorporation - CA and directors signing from different states
- Applicability of Ind As to associate of associate
- Confusion around Form 26QB fields
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Return material
- TDS is applicable on payment of Fix Meal
- Form ITC 04
- TDR receipts for agreement holder
- Point (III) 9 of GSTR-9C
- MIS MATCH OF INVOICE NUMBER
- 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
