Reverse charge on renting of immovable property clarified - scope confined to immovable property under IGST notification. Corrigendum to Notification No. 09/2024 amends the table entry at serial number 5AB by replacing 'any property' with 'any immovable property,' thereby clarifying that the reverse charge mechanism under the IGST notification applies specifically to renting of immovable property rather than to property in general.
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Reverse charge on renting of immovable property clarified - scope confined to immovable property under IGST notification.
Corrigendum to Notification No. 09/2024 amends the table entry at serial number 5AB by replacing "any property" with "any immovable property," thereby clarifying that the reverse charge mechanism under the IGST notification applies specifically to renting of immovable property rather than to property in general.
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