Rcm on security services
This query is : Resolved
Sai Kumar Yallasiri
(Querist)
29 April 2019
SIr, we are taking security personnel services from squad india secure services pvt ltd which is a registered company. Can you please explain How the charge of gst is to be done in this security services?
CA Anita Bhadra
(Expert)
29 April 2019
You are taking security services from registered company .
RCM is not applicable and it will be on normal forward charge
With effect from 01.01.2019 Any Registered Person receiving security services (Service provided by way of supply of security personnel) from any person other than a body corporate is required to pay GST on reverse charge basis.
Further definition of body corporate is taken from section 7 of the companies Act, 1956 as amended. As per Section 7 of the companies Act A body Corporate " includes a company registered outside India but does not include a proprietorship, Co-operative society, Corporate sole and any other company ( other than those registered under Companies act,).
RCM is not applicable and it will be on normal forward charge
With effect from 01.01.2019 Any Registered Person receiving security services (Service provided by way of supply of security personnel) from any person other than a body corporate is required to pay GST on reverse charge basis.
Further definition of body corporate is taken from section 7 of the companies Act, 1956 as amended. As per Section 7 of the companies Act A body Corporate " includes a company registered outside India but does not include a proprietorship, Co-operative society, Corporate sole and any other company ( other than those registered under Companies act,).
Sai Kumar Yallasiri
(Querist)
29 April 2019
What about gst charge on bodyguard personnel service?
CA Anita Bhadra
(Expert)
29 April 2019
If security services ( bodyguard personnel services ) provided by any person other than body corporate - RCM will be applicable )
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