GST (RCM) in case of rent paid to Unregistered Persons on other than Residential property

Ref:- CBIC Notification No. 09/2024-Central Tax (Rate), Dt. 08-10-2024.

Please refer the Notifications cited. You are hereby informed as follows.

Vide reference cited, ‘service by way of renting of any property other than residential dwelling’ by an un-registered person is notified as liable for payment of tax by the recipient on reverse charge basis. The Notification has come into force on 10th October 2024. Therefore, you are requested to ensure that the tax on reverse charge basis is accounted for and paid on the rental / lease charges of the commercial property taken on rent / lease from un-registered person..

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