Save Rs 588 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

RCM on Received of Security Service

Save Share

This query is : Resolved

Quick Summary

If your organisation has received security services from an unregistered entity since January 1st, 2019, you are likely required to pay GST under the Reverse Charge Mechanism (RCM). This applies if you are a registered body corporate receiving these services from a non-body corporate supplier. Consult with a professional for specific guidance on your situation.

Sunil Patnaik

Sunil Patnaik (Querist)

18 August 2023 Respected Sir/madam, I have received security service from a unregister organization, Should i pay RCM on Paid of Security amount. Kindly Suggest.

RAJA P M

RAJA P M (Expert)

18 August 2023 Are You a body corporate then Yes.

Aashok Kumar Sharma

Aashok Kumar Sharma

(Expert)

21 January 2024 Starting from 1st January 2019, security services were notified to be included under RCM. This means that any registered person who receives security services from a non-body corporate is now required to pay GST on a reverse charge basis.

https://cleartax.in/s/gst-on-security-services

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now