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GST Reverse Charge Mechanism

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Reverse Charge Mechanism for Security Service under GST

Notification No.29/2018 – Central Tax (Rate) dated 31.12.2018 has been issued making amendment to Notification No.13/2017 – Central Tax (Rate) dated 28.06.2017 meant for RCM.
 
In this amendment Sl.No.14 has been newly added covering “Security Service” under Reverse Charge Mechanism (RCM).  This is effective from January, 2019.
 
To make note of this for payent of  GST under RCM for Security service received from “any person other than a body corporate”.  In case of receipt of security service from a ‘body corporate” then it is not under RCM.
 
It is pertinent to note that even if the person providing  security service (other than a body corporate) is not registered you are liable to pay GST under RCM.

G. Mani
Senior Partner