To be eligible for the Composition Scheme under GST, a business must meet certain conditions. First one is no Inter-State Sales which means the business can only sell goods or services within the same ...

If an unregistered landlord rents out a commercial property to a registered tenant, the reverse charge mechanism (RCM) applies. In this scenario, the tenant is liable to pay 18% GST directly to ...

GST Council meeting: During the 54th GST Council meeting, the renting of commercial properties has been brought under the Reverse Charge Mechanism (RCM), according to Revenue Secretary Sanay Malhotra.