Discussions Forum | ||
Home Forum Goods and Services Tax - GST This
A Public Forum.
Submit new Issue / Query
My Issues
My Replies
|
||
RCM on rent, Goods and Services Tax - GST |
||
|
||
RCM on rent |
||
Hi, I am running a retail shop in a residence where ground floor has been converted into shop and on the first floor the landlord is living. He pays property tax in mixed category ie ground floor tax as commercial and first floor tax as residential tax.I have opted for composition scheme under GST. In light of new notification wherein composition dealers are exempted to pay RCM on renting of commercial property, am I liable to pay RCM. My interpretation is that I am on a commercial property, so I should not pay RCM as I am a composition dealer Posts / Replies Showing Replies 0 to 0 of 0 Records No Post / Reply found for this query |
||