WebJun 28, 2024 · GTA , RCM applicable ? dealer recived godwn rent for agri products prpose gst applicable? www.Taxlok.com Contact No. 07597741801 +91-9001929869, … Webmachinery used, chemical composition, ingredients, manufacturing process, godown capacity, departments, and sections, Distribution Channel Network Sales and …
Commercial Properties for Rent in MIDC, Jalgaon
WebThe owner of the leased property has to collect the GST from the person paying rent. This GST will be on the rent charged as per the rental contract. The payer of rent has to deduct income tax at source (TDS) at 10% if the rent for the property exceeds Rs.1.80 lakh per year. Webby leasing-in or renting warehouses from small service providers on an individual basis. This service arrangement was not liable to service tax, since, the small service providers were … dying light brecken voice actor
Reverse Charge Mechanism (RCM) Under GST- 20 FAQs …
WebMay 12, 2024 · 13 May 2024 Yes tax under RCM is no longer required to be paid upto 30.06.2024. Other than above exemption granted. GST on Rent @ 18% is levied on all type … WebAug 29, 2024 · Is RCM applicable on godown rent? No, there is no reverse charge applicability on rent for commercial property. No matter the rent amount, the property’s … WebMar 9, 2024 · GST on Expense under RCM. Sr. No. Inpur credit is available fully. However if it is sold/disposed off/ scrapped/ thrown away within 5 years, then input credit @ 5% per quarter is available for the used period and balance is to be reversed for not used fully at the time of date of sale. 4) Input credit is available only if goods & services are ... crystal river artificial reef gps