CA Kaushal Sharda (Partner - K Sharda & Co) 16 March 2020
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.
srikumar (audit staff) 16 March 2020
NAVEEN CHAND (GST Practitioner) 16 March 2020
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
Neelapu Suresh Kumar 22 August 2021
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