Varsha Kaushik (1 Points)
09 August 2022
CS Advocate Abhishek Goyal
(M Com FCS LLB M-AIMA )
(13706 Points)
Replied 09 August 2022
residential property par 18.07.2022 se RCM introduce kiya gaya hai lekin residential property notification no 12/2017 se exempted hi rahegi and RCM pay karne ki liability registered tenant par hogi. RCM par input tax credit claim kiya ja sakta hai. residential property par forward charge applicable nahi hai jaha tak registered supplier yani landlord ka sawala hai.
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 09 August 2022
sabyasachi mukherjee
(27574 Points)
Replied 11 August 2022
CA Puja Sharma
(Chartered Accountant)
(5010 Points)
Replied 11 August 2022
There is no GST on renting when a residential property is used for residential purposes.
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 11 August 2022
CAclubindia
