GST on Commercial Rent under RCM | Registered & Unregistered Landlord | GST RCM
Simplified Accounts Studio
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GST on Commercial Rent under RCM | Registered & Unregistered Landlord | GST RCM
304 просмотра · 2 мес. назад
Simplified Accounts Studio
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304 просмотра · 2 мес. назад
Tally Prime Basic to Advance Course – Lecture 28
In this practical Tally Prime tutorial, we will learn how to record GST on Commercial Rent under Reverse Charge Mechanism (RCM) with practical transactions in Tally Prime.
Tally Assignment:
https://drive.google.com/file/d/1D0fT...
This lecture explains how GST treatment works when a registered company takes commercial property on rent, including situations where the landlord is registered or unregistered.
Topics Covered in This Lecture
Case 1: Commercial Office Rent under Reverse Charge Mechanism
• Registered Company as Tenant
• Unregistered Landlord
• GST under Reverse Charge Mechanism (RCM)
• Accounting treatment of commercial rent
• Recording GST liability under RCM
• Practical transaction entry in Tally Prime
Case 2: GST on Commercial Godown Rent
• Registered Company as Tenant
• Registered Landlord
• GST on commercial godown rent
• RCM applicability
• Recording rent and GST transactions
• Practical accounting entries in Tally Prime
Practical Tally Prime Training
You will learn the complete accounting process with practical examples in Tally Prime, including the relevant ledgers, GST details and transaction entries.
This lecture is useful for Tally Prime students, accountants, GST learners, business owners, and anyone who wants to learn practical GST accounting in Tally Prime.
Course: Tally Prime Basic to Advance
Lecture: 28
Topic: GST on Commercial Rent under Reverse Charge Mechanism (RCM)
Software: Tally Prime
If you are learning Tally Prime from Basic to Advance, make sure to follow the complete lecture series for practical accounting and GST training.
Channel: Simplified Accounts Studio
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