A B Kundu (Professional) (1422 Points)
11 August 2017A private ltd. company is paying licensee fee of Rs. 15,000/- p.m. to a HUF for occupying an office room, you can say it as Rent paid for the office room.The HUF is not charging any GST in its bill, i.e., it is an unregistered person under GST.
1) Now, what would be the consequences / liabilities of the payer (company) under GST provisions?
2) Whether the company has to pay GST @ 18% on RCM basis?
3) What's the threshold limit for applicability of RCM?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(170119 Points)
Replied 11 August 2017
1. GST payable by company under RCM.
2. yes, @ 18%
3. No exemption limit. GST liability over rent paid under RCM starts from the date of registration.
A B Kundu
(Professional)
(1422 Points)
Replied 11 August 2017
Thank you Sir for your reply.
But, Regarding the 3rd question, you mean the limit of Rs.5,000/- daily for RCM is not applicable in this particular case??
Neha Jain
(Chartered Accountant)
(1085 Points)
Replied 11 August 2017
Per day limit 5000 applicable from URD to RD case
Neha Jain
(Chartered Accountant)
(1085 Points)
Replied 11 August 2017
Per day limit 5000 applicable from URD to RD case
Chhatra Singh Dugar
(1464 Points)
Replied 12 August 2017
mehul patel
(article)
(213 Points)
Replied 12 August 2017
SANTOSH THAVI
(2 Points)
Replied 13 February 2018
Sir,
but what if we are paying rent to one of our companies director whose office space is being used by us.is gst applicable.
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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