Notification no.13/2017 dated 28.06.2017 has been amended vide notification no.09/2024 dated 08.10.2024
| Entry | Service | Supplier | Recipient |
| 5AB | Service of renting of any property other than residential dwelling | Any unregistered Person | Any Registered person |
Explanation: If an unregistered person rents out property (other than a residential dwelling) to a registered person, the registered person is liable to pay GST under the reverse charge mechanism with effect from 10.10.2024.
Notification no. 04/2017 dated 28.06.2017 has been amended vide notification no. 06/2024 dated 08.10.2024.
| Entry | Goods | Supplier | Recipient |
| 8 | Metal Scrap under Chapter 72, 73, 74, 75, 76, 77, 78, 79, 80 or 81 | Any unregistered Person | Any Registered person |
Explanation: If an unregistered person supplies metal scrap, which falls under the above-mentioned chapter, to a registered person, the registered person is liable to pay GST under the reverse charge mechanism.
| SW Point of View: While the registered recipient is directed to pay tax under the RCM, if such unregistered suppliers exceed the threshold limit for GST registration, they are required to register and pay GST under the forward charge mechanism (FCM). However, if they fail to obtain registration, the reverse charge mechanism will still apply, and the responsibility to pay the tax will remain with the registered recipient. |
Akash Gupta – Indirect Tax – Associate
