GST Under RCM Use of immovable property for commercial purpose
Nik'$ (C.A & M.B.A) (24 Points)
13 July 2017Do i need to pay GST under RCM? What is the minimum amount of rent below which RCM not applicable?
Nik'$ (C.A & M.B.A) (24 Points)
13 July 2017
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 13 July 2017
Yes. You need to pay under RCM....
No more limit.
But, Allowed Rs.5000 per day expenses. I think Commercial Rent not affected in this category....
Nik'$
(C.A & M.B.A)
(24 Points)
Replied 13 July 2017
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 13 July 2017
No... You can pay under RCM for every month at the time of Books of accounts....
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