Rcm on rent

If it is related to residential property then no GST.

In case of commercial property, if receiver is registered then he has to pay. There is no concept of RCM on rent.

Hello Sir,

The reverse charge mechanism rules have been amended and below highlights the applicability of the new rules from Feb, 1 2019:

-As per the new provisions, instead of coverage of all the registered person, now, the Government shall specify the class of the registered person who shall be liable to pay tax under reverse charge basis

Note: After the introduction of the new provisions of section 9(4) till now, the Government has neither specified the class of registered person to whom to provisions are applicable nor has provided the specified categories of a taxable supply of goods or services or both.

Hence RCM not applicable in your case unless it is specified by government in future.

Thanks

Damini

If the service provider is registered then only he has to pay GST there is no RCM requirement with regard to rent of immovable property in GST for now.

Hope you find the information helpful if you do please rate it 5 and provide your valuable feedback for my improvement.

Thank you

Hello,

RCM on renting of immovale property is applicable only in case where renting services are provided by Central or State Government to a registered person.

Further direct charge (not RCM) would be applicable in case it is provided by a registered person.

So in your case RCM on rent is not applicable.

I hope this answer satisfies you requirements.

Regards,

CA Hunny Badlani

The amended RCM rules prescribes that RCM shall be applicable only in case of specified class of registered person. However, government has not yet prescribed the specified class ofoperson/ taxable supply of goods or services.

Hence RCM is not applicable in your case unless it is specifed.

Hi

RCM not applicable in your case unless specified by govt in future.

Hope it helps

Dear Sir,

Hope you are doing well !!

No, RCM is not applicable in your case.

RCM will be no applicable.