We are a GST registered firm and we are paying rent on commercial property to a landlord ( Society) who is not registered under GST as their annual turnover is less than 20 lakhs. Should we pay GST under RCM and under which Form (GSTR1 or GSTR3B) and under which table it should be declared.
4 Replies
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 09 August 2022
RCM applicable on House Rent only
NOOHUNNAJEEULLA KHAN Harihar
(79 Points)
Replied 10 August 2022
We are paying rent on commercial godown. ours is partership firm. the commercial building is owned by same parterns 2nos, is RCM applicable. case 1. when both partners are not having individual gst registration. case 2. one of the partner is gst registred person.
CS Advocate Abhishek Goyal
(M Com FCS LLB M-AIMA )
(13706 Points)
Replied 10 August 2022
| Originally posted by : NOOHUNNAJEEULLA KHAN Harihar | ||
 |
We are paying rent on commercial godown. ours is partership firm. the commercial building is owned by same parterns 2nos, is RCM applicable. case 1. when both partners are not having individual gst registration. case 2. one of the partner is gst registred person. |  |
RCM is applicable only on residential house property and not on commercial godown. commercial property is chargeable at 18% under forward charge by the owner of such property provided he is registered under GST.
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 10 August 2022
In second case where one partner is registered in GST , he needs to pay 18% GST under forward charge. RCM not applicable in both cases
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