Reverse charge under gst

This query is : Resolved

Ritu Alwani (Querist)
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24 July 2017 A Poha Parmal factory (Sole Proprietor) registered under GST is paying rent of Rs. 22500/- to an individual(unregistered). Whether that factory is liable to to pay GST under Reverse Charge or not?? Turnover of factory is more than Rs. 1 CR...

CA Shubhanshu Jain

CA Shubhanshu Jain (Expert)
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24 July 2017 Since renting comes under definition of service and company is receiving services from an unregistered person so yes company is liable to pay tax under reverse charge

CA Shubhanshu Jain

CA Shubhanshu Jain (Expert)
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24 July 2017 Since renting comes under definition of service and company is receiving services from an unregistered person and that too is more than Rs. 5000 so yes company is liable to pay tax under reverse charge.

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