watch_later 30/11/24

Sir,

Dealer composition scheme registered in gst act trading for  jewellery business rent paid to landlord (non registered) for commercial property rs:5000/- per month 

Question:

Dealer rent paid for commercial property RCM applicable from 01-10-24

 

1 Response | Latest response: 06/12/24 | Sort by Likes(thumb_up) Recent | GST Reply
watch_later 06/12/24

Yes RCM is applicable on rent paid by composition dealer. RCM applicability is not based on type of registration.

RCM is to be paid at applicable rate (18% right now).

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