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.
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.
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.