TMI BlogGST APPLICABLE ON COMMERCIAL PROPERTY AS RCMX X X X Extracts X X X X X X X X Extracts X X X X ..... Sir, we have registered on gst and occupy a commercial property in lease.landlord is unregistered. is there any liabililty in rent as RCM THANKS - Reply By VENU K - The Reply = RCM is not applicable f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... or renting of commercial property. The entire GST is to be discharged on forward charge basis as far as renting of commercial property is concerned. So if the landlord is not registered there is no GS ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... T liability on either the landlord or the tenant. - Reply By Shilpi Jain - The Reply = Renting of commercial property by an unregistered person (not Govt. or LA) not liable under RCM. - Reply By Padma ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nathan KV - The Reply = No, the said activity is not taxable as RCM. But if the Rent exceeds Rs.20 Lakhs in a year, it is wise to intimate the landlord to take registration and charge GST. - GST APPL ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ICABLE ON COMMERCIAL PROPERTY AS RCM - Query Started By: - vinod nambiar Dated:- 6-8-2024 Last Replied Date:- 12-8-2024 Goods and Services Tax - GST - Got 3 Replies - GST - Discussion Forum - Knowle ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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