Security services RCM Body Corporate

Yes, the Reverse Charge Mechanism (RCM) provisions would be applicable in this case.

As per GST regulations, if a registered person receives services from an unregistered supplier, the recipient is required to pay GST under RCM. In this scenario: -

 The recipient (registered person) is required to pay GST on the security services received from the unregistered supplier (Company). -

The recipient should report this transaction in their GST returns and pay GST on the value of services received. 

However, please note that there are some exceptions and additional considerations: -

 If the security services are received from an unregistered supplier whose aggregate turnover is less than ₹20 lakhs (₹10 lakhs in special category states), RCM may not apply. -

 If the services are received from an unregistered supplier located outside India, the recipient may need to comply with other GST provisions, such as the "reverse charge" mechanism.