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Body corporate definition.

Gopinadh Jinugu (27 Points)

16 February 2019

whether Body corporate includes partnership firm for the purpose of applicability of Gst on Rcm basis.

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Pankaj Rawat (GST Practitioner) (55032 Points)
Replied 16 February 2019

Body Corporate” has the same meaning as assigned to it in clause (11) of section 2 of the
Companies Act, 2013.

Hence , Partnership firm Does not fall under definition of Body corporate

Pankhuri Agrawal (Chartered Accountant) (412 Points)
Replied 16 February 2019

which supply of service are u referring to because i think partnership firm is including

Gopinadh Jinugu (27 Points)
Replied 16 February 2019

security services

Pankaj Rawat (GST Practitioner) (55032 Points)
Replied 16 February 2019

Yes , any person other than Body corporate , means partnership firm & individual (Execpt company ,LLP)

Refer Notification 29/2018 CT (r)

Ritik Chopra (student) (8123 Points)
Replied 09 February 2021

As per sub section (11) of section (2) of Companies Act, 2013 “body corporate” or “corporation” includes a company incorporated outside India, but does not include Co-operative societies or any other Body corporate specify central government in this behalf. In my opinion a partnership firm will not come under the definition body corporate for this purpose.

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