RCM ON RENTING OF IMMOVABLE PROPERTY
manoj singh (71 Points)
26 April 2019
I have to pay rent of immovable property to unregistered person i should pay RCM ?
2 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177741 Points)
Replied 26 April 2019
No. Not applicable at present.
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 26 April 2019
No ...as new section 9(4) Has been inserted by Amendment Act 31 of 2018 , notified by Notification 2/2019
" The Govt may , on the recommendation of council by Notification , specify the class of registered person who shall in respect of supply of specified category of goods or Services or both reced from URD , pay tax on RCM "
And only Notification 7/2019 CT (r) is notified till date , the RCM for promoter
hence No RCM is applicable
" The Govt may , on the recommendation of council by Notification , specify the class of registered person who shall in respect of supply of specified category of goods or Services or both reced from URD , pay tax on RCM "
And only Notification 7/2019 CT (r) is notified till date , the RCM for promoter
hence No RCM is applicable
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