RCM on mining royalty
Ghanshyam Lohar (ACCOUNTANT) (60 Points)
03 October 2019
Is RCM is applicable on mining royalty?
5 Replies
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 03 October 2019
Yes ....................
can refer AAR Haryana , Applicant : M/s Pioneer Partners
can refer AAR Haryana , Applicant : M/s Pioneer Partners
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 04 October 2019
The receipent is liable to discharge the tax liability on RCM @ 5%
M M K MACHESWARA RAO
(Accountant)
(23 Points)
Replied 17 March 2020
SIR, WE HAVE A CHINA CLAY MINE IN ODISHA. WE ARE PAYING DEAD RENT AND SURFACE RENT REGULARLY. AFTER 2017, WE COULD NOT MINE OR SELL THE MATERIAL ALREADY ON SITE. NOW GST HAS GIVEN A LETTER ON 30.12.2019 FOR SUBMISSION OF DATA -ROYALTY, LIABILITY ON RCM BASIS, LIABILITY PAID. WE HAVE NOT PAID ANY ROYALTY. AS THERE IS NO SALES. KINDLY CLARIFY.
Rakesh Sarswath
(Article Student-GST Specialization)
(190 Points)
Replied 17 March 2020
Yes...GST is applicable on royalty paid to government for undertaking mining activity. Further it is to be noted that GST should be paid under RCM.
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