Rcm pay compulsory for composite dealer
Kollipara Sundaraiah (B.com) (2984 Points)
24 April 2023question:
dealer rcm applicable on rent in gst act
Kollipara Sundaraiah (B.com) (2984 Points)
24 April 2023
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178017 Points)
Replied 25 April 2023
Though composition dealer is also liable to pay GST under RCM whenever applicable under the act.
As rent on commercial property by URD is NOT chargeable, the RD under Composition need not pay RCM over the rent on commercial property.