RCM On Rent for composition

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18 March 2025 Is RCM on rent applicable for composition party???

19 March 2025 Notification No. 07/2025-Central Tax (Rate)

This notification amends Notification No. 13/2017-Central Tax (Rate) by modifying the applicability of the Reverse Charge Mechanism (RCM) for services involving the renting of immovable property, with specific exclusions for composition taxpayers



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