Service of rental of unmovable Property by Govt to Registered Persons

GST: RCM applicable to Service of rental of unmovable Property by Govt to Registered Persons

The Central Government notified today that the provision of real estate services by the central Government, the State Government, the territory of the Union or the local administration by leasing real estate to a person registered under the Central Tax Law on goods and services, 2017 is subject to Tax on goods and services (GST) under the form of reverse charge.

RCM applicable to Service of Renting of Immovable Property by Govt to Registered Persons

Under the new tax regime, any type of lease or rental of real estate for business would attract GST to 18%, since it would be treated as a service provider.

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Certicom Consulting [ Kedia Arpana & Co ] is a group of Chartered Accountants in the business of Small Business Setup & Statutory Compliance including for Professionals for the past 15 years. We have been an established and popular company with an excellent track record for the best customer satisfaction.

Certicom Consulting

Certicom Consulting [ Kedia Arpana & Co ] is a group of Chartered Accountants in the business of Small Business Setup & Statutory Compliance including for Professionals for the past 15 years. We have been an established and popular company with an excellent track record for the best customer satisfaction.