Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Discussions Forum
Home Forum Goods and Services Tax - GST This

A Public Forum.
Acknowledging the Value of Experts.

Contribute Your Wisdom, Shape the Future.
Let Your Experience Guide Others

Submit new Issue / Query     My IssuesMy Replies
A free service.
You may submit an issue for brainstorming also.

rcm on services by director, Goods and Services Tax - GST

Issue Id: - 115731
Dated: 1-12-2019
By:- Madhavan iyengar

rcm on services by director


  • Contents

A Managing Director of the Company X has rented out his flat to the Company X for a rent of rs. 15000 per month this flat will be used as a guest house/ training centre by Company X

query

a) whether the Company X is required to discharge GST on RCM basis in above case

Posts / Replies

Showing Replies 1 to 4 of 4 Records

Page: 1


1 Dated: 3-12-2019
By:- Alkesh Jani

Sir,

Who is the owner of the flat and who is receiving the rent?


2 Dated: 3-12-2019
By:- Madhavan iyengar

Dear Alkeshji

owner of the flat : Owner of Flat is Managing director of the Company

who is receiving the rent: Managing Director is receiving the rent from company


3 Dated: 3-12-2019
By:- Alkesh Jani

Sir,

In this regards, my point of view is that, the services of Director to the company is Directorship service and renting of immovable property to the company is distinguishable, therefore, no way it can be termed as Directorship services. In the present case, RCM for renting of immovable property is not applicable.

Thanks


4 Dated: 4-12-2019
By:- Mahadev R

I wish to concur with Alkesh Jani


Page: 1

Old Query - New Comments are closed.

Quick Updates:Latest Updates