Notification No.09/2024 - Central Tax (Rate)

Notification No.09/2024 - Central Tax (Rate)

Impacts of RCM on Renting of any property other than residential dwelling

If the tenant is Unregistered and the owner is also Unregistered under GST then GST is not applicable (Neither RCM nor FCM)

If the tenant is Unregistered and the owner is Registered under GST then GST is applicable on FCM basis

If the tenant is Registered and the owner is also Registered under GST then GST is applicable on FCM basis

If the tenant is Registered and the owner is Unregistered under GST then GST is applicable on RCM basis.