Menu
Security's service
security services exempt or taxable
Replies (2)
In the Service Provider's hands it's exempted from 1st February 19...
GST is applicable on Security services with effect from 1st July, 2017 under Forward Charge Mechanism (FCM) wherein the provider of security services is liable to pay GST.
However, with effect from 1st January, 2019, the Govt. has introduced Reverse Charge Mechanism (RCM) on certain types of persons, wherein the person receiving the security service will be liable to pay GST.
It is exempt in the hands of service provider.
However, with effect from 1st January, 2019, the Govt. has introduced Reverse Charge Mechanism (RCM) on certain types of persons, wherein the person receiving the security service will be liable to pay GST.
It is exempt in the hands of service provider.
Recent Topic
- Is Form 10E applicable for Notice Pay received in
- INCOME RECEIVED FROM COMPANY FOR ELECTRIC POLLS
- ITR Processing By CPC Now Super Fast - Much apprec
- Abroad Jobs
- Professional Income in 44AD
- Presumptive taxation
- Claiming Pre Possession Home Loan Interest
- Tax on Pension from EPFO
- Indexation of Sale of Property under New Regime
- TDS ON RENT BY TENANT
Related Topics
CAclubindia
