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RCM ON SHOP RENT PAID TO PARTNER OR THIRD PARTY

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(Querist)
07 January 2023 Dear Experts

Is RCM applicable on shop rent paid to partners or third party. In case of rent paid to partners or third party by credit their account for full year rent on year end, RCM to be deposited in the month of March or every month?

Thanks
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CS Advocate Abhishek Goyal

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CS Advocate Abhishek Goyal (Expert)
07 January 2023 No RCM applicable on commercial property only on residential property.

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