Why taxpayers under composition scheme are excluded from the meaning of "service receiver" under RCM where the services are provided by security personnel service provider, other than body corporate to any registered person in taxable territory?
Replies (2)
Guest
Probably to improve ease of doing business for the service receiver.
Because composite dealers are small businessmen. That's why he has opted for composition scheme.
Dear In term of Notification 29/2018 CT (R) Security services (services
provided by way of supply of
security personnel) is under RCM when Supplier of Service provider is Not a body corporate & Receptient is registered person in GST.
So make you clarify if the composition dealer is availing the said services is liable to do RCM on same .
Note : In GST composition dealer is registered person in GST
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