One of our client is paying office rent to GST Unregistered person. It is a commercial premise. Now are they required to Pay GST on RCM ? It is not a residential building......
sathya kumar s (AUDIT STAFF) (183 Points)
26 August 2022One of our client is paying office rent to GST Unregistered person. It is a commercial premise. Now are they required to Pay GST on RCM ? It is not a residential building......
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(168976 Points)
Replied 26 August 2022
No. The RCM is only over residential premises...
sathya kumar s
(AUDIT STAFF)
(183 Points)
Replied 26 August 2022
Thank you sir......Onemore Query.
Suppose one person is running GTA Service who opted to GST on RCM for his services... ( Recipients will pay GST ) operating from his rented home as business Place. Is this RCM on rent is applicable to such persons also ? If yes are they eligible for Full Claim of ITC?
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
