WebJun 11, 2024 · Despite it all, it was held that director is not the employee of the company and the Consideration paid to director is covered under RCM. Circular No: 140/10/2024 … WebJul 19, 2024 · For the sake of further convenience, kindly refer to the following examples for the applicability of GST on services of renting of residential dwelling w.e.f 18.07.2024: GST unregistered person provides service of renting of residential dwelling for residential purposes to a GST Registered Here, the GST registered recipient shall pay GST @ 18% ...
RCM on Rent Paid to directors by Pvt. Ltd Company [Resolved] GST
WebJul 16, 2024 · When a tenant is registered and takes a residential property on rent from any person (registered or unregistered person) GST will be applicable under RCM. Liability to pay GST @ 18% will be of the recipient (tenant/lessee) of service. WebJan 28, 2024 · GST RCM on rent paid by company to director This query is : Resolved Report Abuse Follow Query Ask a Query CA Meet Sagarka 28 January 2024 Whether payment of rent by company to one of it's director is liable to RCM? and whether issue of invoice is mandatory for such rent or just rent agreement is sufficient CA R … fear of scorpions
GST on rent: Applicability, Tax Rate, Calculation and Payment
WebWhether GST will be charged on rental income of ₹ 6 lakhs or it will fall under reverse charge mechanism? If total turnover will be ₹ 23 lakhs (15+6+2) whether GST will be payable on ₹ 2 lakhs and ₹ 6 lakhs GST will be paid by company under reverse charge … WebMar 19, 2024 · Director’s fees are fees to be paid to a director in their capacity as company director, for the directorial services they perform for the company. Generally, directors do not have any right to be remunerated for the directorial services they perform for the company. Web3 hours ago · By Rasheela Basheer - On April 14, 2024 5:29 pm - 2 mins read The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Delhi bench has held … fear of scrutiny by other people is called