Rent under rcm
Sayed Nabil (385 Points)
09 March 2024
what is the percentage of rcm on rent for renting a house for business purposes
7 Replies
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 10 March 2024
Agreed with Raja Sir
It's 18%
It's 18%
sabyasachi mukherjee
(27574 Points)
Replied 10 March 2024
Rent paid for the purpose of business is subject to gst after a specified threshold limit
Manoj Pandey
(Finance Manager)
(80 Points)
Replied 10 March 2024
RTP can pay tax under RCM ID business use.
Manoj Pandey
(Finance Manager)
(80 Points)
Replied 11 March 2024
What is the specified threshold limit
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