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RCM applicability ON RENT COMMERCIAL PROPERTY

RISHI JI (42 Points)

19 October 2020

is RCM applicable on commercial property rent.

landlord unregistered
tenant registered under GST

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2 Replies

mahesh (ca) (66 Points)
Replied 19 October 2020

Not applicable

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Shivam RC (Student) (23683 Points)
Replied 19 October 2020

No...

RCM is not applicable on Rent of Commercial Property. After the CGST ( Amendment ) Act 2018, Section 9(4) i.e. RCM on Purchase from Unregistered Dealer has been made applicable only on Notified Goods or Services when procured by Notified Persons. As of now only Developers / Promoters ( Real Estate Sector ) are notified for RCM U/s 9(4) of the CGST Act 2017.

Hence no RCM required in your case since it is not a notified supply.