GST RCM applicability on renting of any property whether includes land lease from an unregistered person to a registered person as per latest notification and circulars.
Ref Not no: 9/2024
CA Yash Dhadiwal (Assistant manager ) (16 Points)
21 October 2024GST RCM applicability on renting of any property whether includes land lease from an unregistered person to a registered person as per latest notification and circulars.
Ref Not no: 9/2024
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177713 Points)
Replied 21 October 2024
Yes, the GST RCM provisions apply to renting of property, including land lease; when land owner is unregistered under GST while the tenant is registered person, and the land is utilized for any non agricultural use.
CA Yash Dhadiwal
(Assistant manager )
(16 Points)
Replied 21 October 2024
Thank you sir,
Sir just wanted to know from which Act, you are driving the defination of property in order to interpret the defination of property under GST Act?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177713 Points)
Replied 21 October 2024
CA Yash Dhadiwal
(Assistant manager )
(16 Points)
Replied 21 October 2024
Dear sir,
Truly appreciate your efforts in resolving my concern.
Thank you for your prompt response.
Regards,
CA Yash Dhadiwal