RCM on commercial rentals may raise GST revenue, burden tenants: Experts
Source: Business Standard 3 min read Last Updated : Sep 10 2024 | 6:01 PM IST The Goods and Services Tax (GST) Council’s decision to bring renting of commercial property under the Reverse Charge Mechanism (RCM) is likely to improve the government’s tax revenue but may prove costly for tenants, according to industry experts….