GST on Rent: What Changed in 2024 and What Small Business Owners Are Getting Wrong
I have been getting 5-6 calls a week from small business owners confused about GST on rent. Let me clear this up once and for all.
THE BASIC RULE (post July 2022 amendment)
If you are a REGISTERED business and you take a property on rent — you must pay GST under Reverse Charge Mechanism (RCM) even...
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