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of <h1>Rajasthan GST Act Amended: Reverse Charge for Renting Commercial Property by Unregistered to Registered Persons Effective Oct 2024.</h1> The Government of Rajasthan has issued a notification amending the Rajasthan Goods and Services Tax Act, 2017. Effective October 10, 2024, the amendment introduces a reverse charge mechanism (RCM) for the renting of commercial property by an unregistered person to a registered person. This measure aims to prevent revenue leakage by ensuring that the tax liability is shifted to the registered recipient of the service. The amendment is added to the existing notification F.12(56)FD/Tax/2017-Pt-I-51, dated June 29, 2017, and is authorized by the Joint Secretary to the Government.
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