Composition scheme dealer rent paid to commercial property RCM applicable from 10-10-24

GST
1

Sir/madam,
Dealer jewellery business composition scheme registered in gst act rent paid to principal business place rs:5000/- per month for commercial property un registered landlord.
Question:
Dealer RCM applicable and paid compulsory from 10-10-24 for composition dealer

2

Hello @Sundaraiah_Kollipara

Yes, according to the new notification issued, the registered person is liable to pay GST on a Reverse Charge Mechanism (RCM) basis if they are paying rent to an unregistered person.