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RCM on rent recd from private limited company, Goods and Services Tax - GST

Issue Id: - 118310
Dated: 2-1-2023
By:- PRIYACHARAN SR
RCM on rent recd from private limited company

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GST Dealer(landlord) has given his property(apartment) on rent to a pvt ltd company (tenant)! however it is used by director for his residential purpose. Whether company(tenant) needs to pay gst under rcm. ? Kindly advise

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Showing Replies 1 to 4 of 4 Records

1 Dated: 2-1-2023
By:- Padmanathan Kollengode

Yes. The company will have to pay GST under reverse charge on the rent paid.


2 Dated: 2-1-2023
By:- Amit Agrawal

Assuming that the recipient of 'service by way of renting of residential dwelling' (i.e. Pvt. Ltd. Co.) is registered (or liable to be registered) under GST, such recipient needs to be pay GST under Reverse Charge Basis (irrespective of the fact that said recipient has allowed its director to use subject apartment for his own residential purpose).

These are ex facie views of mine and the same should not be construed as professional advice / suggestion.


3 Dated: 4-1-2023
By:- Shilpi Jain

Yes liable under RCM

Exemption is available in case of renting to registered person only if the said property is used by such registered person for its personal purpose. i.e. say rented to proprietor who uses the property as his residence (personal purpose)


4 Dated: 9-1-2023
By:- Ganeshan Kalyani

No doubt, RCM is applicable on this service.


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