Question ID :
36945
079710
A is a prop firm and registered service provider of security services now whether he is require to charge GST on forward basis or Service recipient itself deposit the same on RCM basis
Posted by
SANDEEP KAPOOR
on
Jan 24, 2019
Filed Under
GST
Service Recipient shall deposit on RCM Basis.
Posted by
Ashish Kumar Goyal on
Jan 24, 2019
Answer ID :
76224
RCM on Security Services has been introduced in GST by the Government vide Notification No. 29/2018-Central Tax (Rate) dated 31.12.2018. W.e.f. 01.01.2019, any registered person receiving Security services (services provided by way of supply of security personnel) from any person other than a body corporate is required to pay GST on reverse charge basis.
However, Government Department/Establishment/Agency who have taken registration under GST only for TDS purpose and those paying tax under Section 10 (Composition Scheme) are not required to pay GST on RCM basis.
Therefore, if any registered person is receiving security services from any security agency (other than body corporate) he is required to pay GST on RCM basis w.e.f. 01.01.2019.
Posted by
CA. SATISH CHAND GARG on
Jan 25, 2019
Answer ID :
76225
RCM on Security Services has been introduced in GST by the Government vide Notification No. 29/2018-Central Tax (Rate) dated 31.12.2018. W.e.f. 01.01.2019, any registered person receiving Security services (services provided by way of supply of security personnel) from any person other than a body corporate is required to pay GST on reverse charge basis.
However, Government Department/Establishment/Agency who have taken registration under GST only for TDS purpose and those paying tax under Section 10 (Composition Scheme) are not required to pay GST on RCM basis.
Therefore, if any registered person is receiving security services from any security agency (other than body corporate) he is required to pay GST on RCM basis w.e.f. 01.01.2019.
Posted by
CA. SATISH CHAND GARG on
Jan 25, 2019