ITC ON SECURITY SERVICE

can we claim the ITC If service provider has charged the gst and we have made payment the same is reflecting in gstr-2a
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Quick Summary
This discussion clarifies the eligibility for claiming Input Tax Credit (ITC) on security services under GST. Generally, ITC can be claimed if the service provider has charged GST and it's reflected in your GSTR-2A. However, since January 2019, security services provided by anyone other than a body corporate are subject to the Reverse Charge Mechanism (RCM), meaning the recipient pays GST. If you receive services from a body corporate, you can claim ITC. If you're an educational institution with exempt income and received services from an individual who collected GST, you may still be able to claim ITC if it appears in your GSTR-2B or falls within provisional ITC limits.

Yes. You can. However 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.

Assuming that the supplier is a body corporate, you can claim ITC on the same.

Body corporate can claim itc, other than body corporate pay rcm

1. Security Services taxable under RCM  

Supplier : Security services provided by any person other than BODY CORPORATE

Recipient : registered person 

Person liable to pay tax under RCM : registered person 

 

2. Security Services taxable under Forward Charge 

 a. If services provided by BODY CORPORATE 

 b. If services provided by any person to unregistered person 

 c. Security Services provided other than personal security 

 d. Services supplied to registered person under Composition Scheme 

Our is an Education institution our income is exempted. We are not claiming ITC. We are taking security service from Individual and they collected GST from us and Paid to Govt. During 2019-20 and 2020-21 FY. In this case what happen us registered society

If the same is available in your GSTR-2B then you can claim the ITC else you will have to check if this amount is under 5% of provisional ITC.

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