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RCM on security services

RCM 344 views 4 replies
Hello all,

Anyone pls answer my query regarding whether RCM is applicable on security staff provided to a pvt Ltd Co. By a partnership firm ?
Replies (4)
Security services from registered company than forward charge,RCM is not applicable . If registered Person receiving security service (other than a body corporate ) RCM applicable.
Security services (services provided by way of supply of security personnel) provided to a registered person 
 
 by any person other than a
body corporate
 to a registered person, located in the taxable territory

 

so yes in your case rcm will be applicable because its been provided by a partnership firm

No......... kindly refer notification 29/2018 CT (r)

As its applicable only when supplier is individual "Not a body corporate & partnership firm falls under body corporate

Hence charge gst on FCM

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, SO RCM APPLICABLE

 


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