reverse charge on rent
TARUN DAS (170 Points)
27 May 20182) if rent owner registered or unregistered then what is the RCM apply in both service provider
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(174880 Points)
Replied 27 May 2018
1. Reverse charge on rent for any non-residential usage of property is applicable provided the tenant is registered under GST, but not landlord/owner. (though the rule not applicable till 30.06.2018)
2. But when landlord/owner is registered under GST, he will directly charge GST over such rental supply, and hence RCM not applicable.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(174880 Points)
Replied 27 May 2018
No threshold limit under GST for monthly rent, (like same in IT act).
Under GST, only criteria is whether registered or unregistered dealer.......
Pankaj Rawat
(GST Practitioner)
(55047 Points)
Replied 27 May 2018
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