Is it necessary to pay RCM on rent ?
Business is paying rent to URD.
kindly share your answer with reference of law/notification.
Thanks in advance
6 Replies
Roshni
(Studwnt)
(1141 Points)
Replied 25 January 2020
What is URD is it Govt establishment? if it is then only RCM applies for all other cases it's forward charge.
ASHUTOSH KUMAR
(75 Points)
Replied 25 January 2020
No it's not the government entity ....pls refer the section
Roshni
(Studwnt)
(1141 Points)
Replied 25 January 2020
Section 9(3). Then forward charge applies and not reverse charge
Kumar Sushank
(General Manager - Finance)
(1040 Points)
Replied 25 January 2020
@ Ms. Roshni: Section 9(4) will be applicable or not?
I am asking about Notification No. 01/2019 (CGST Act) dated 29-01-2020.
Roshni
(Studwnt)
(1141 Points)
Replied 25 January 2020
9(4) is currently applicable to only 3 specified transaction...the one which is quoted in question RCM doesn't apply on same
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