RCM on security services

with gst

 

I need to collect gst or they will pay by RCM

the concept of rcm on security service abolished

sry someone else will reply to ur question

 

oh no problem
thanks

Charge GST on Your Tax Invoice...

If the service provider is an individual or a proprietorship firm or partnership firm, in such cases service receiver has to pay GST under RCM w.e.f from 1st January 2019.

As per Notification 29/2018 CT (r) Security services provider (Other than Body Corporate) providing Services to Registered person (GSTN) the Recepient is liable To Do RCM . Hence you are not liable charge GST on bill if issued to said Recepient.

Issue the Bill without charging GST , mention the "RCM applicable" on bill.

Report it under GSTr 1 , in table 4A, by clicking the option "Supply attract Reverse Charge"

will body corporate include llp?

Following are not bodies corporates: 1) Proprietorship concern -- It is not a separate legal entity other than its proprietor and hence it is not a body corporate. 2) Society registered under Societies Registration Act is not a body corporate as held by Supreme Court in Board of Trustees Ayurvedic & Unani Tibia Collehe, Delhi v. State of Delhi, AIR 1962 SC 458. 3) Partnership firm is not a body corporate.   4. HUF - is not a body corporate 5. Mutual funds set up as per SEBI regulations run by trustees are not bodies corporate Following are included in body corporate:   1.  All Indian companies registered under Companies Act 2. All foreign companies 3.  All corporations formed under special law of India or any other country 4.  LLPs 5. Public financial institu tions u/s 4A of Companies Act 1956 6. Nationalised banks incorporated under Banking Companies (Acquisition & Transfer of Undertakings) Ac 1970

Sir ,

1)If you are a body corporate then - In all cases you need to charge GST on your security service bill.

2)If you are not a body corporate and are registered under GST -

- Services to a unregistered person- You are liable to charge GST

- Services to a registered person- Not liable to charge GST, GST payable at 18% by service recipient  under RCM

Notification 29/2018 dated 31/12/2018 Central Tax.

I hope this clarifies your query.

Also follow the disclosure as mentioned by Mr. Pankaj Rawat in the previous comments.

 

Sir ,

1)If you are a body corporate then - In all cases you need to charge GST on your security service bill.

2)If you are not a body corporate and are registered under GST -

- Services to a unregistered person- You are liable to charge GST

- Services to a registered person- Not liable to charge GST, GST payable at 18% by service recipient  under RCM

Notification 29/2018 dated 31/12/2018 Central Tax.

I hope this clarifies your query.

Also follow the disclosure as mentioned by Mr. Pankaj Rawat in the previous comments.

 

pritesh ji, kindly give reference of meaning of body corporate in GST Act. 

Hii....we are getting the invoice for Security service for our parking place from corporate vendor....the same amount we are bifirucating to our clients and we are into Renting of Immovable property services provider and we are partnership firm....now we need to Charge with GST or Without out... security services is not our revenue we are just bifurgating the security invoice to our clients....our clients are body corporate....plz help me on this ..