Hello all,
Anyone pls answer my query regarding whether RCM is applicable on security staff provided to a pvt Ltd Co. By a partnership firm ?
4 Replies
sachin nanda
(77 Points)
Replied 03 May 2019
Security services from registered company than forward charge,RCM is not applicable . If registered Person receiving security service (other than a body corporate ) RCM applicable.
CA NEHA RAMPURIA
(Taxation Consultant)
(1823 Points)
Replied 03 May 2019
| Security services (services provided by way of supply of security personnel) provided to a registered person |
by any person other than a body corporate |
to a registered person, located in the taxable territory |
so yes in your case rcm will be applicable because its been provided by a partnership firm
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 04 May 2019
No......... kindly refer notification 29/2018 CT (r)
As its applicable only when supplier is individual "Not a body corporate & partnership firm falls under body corporate
Hence charge gst on FCM
As its applicable only when supplier is individual "Not a body corporate & partnership firm falls under body corporate
Hence charge gst on FCM
CA NEHA RAMPURIA
(Taxation Consultant)
(1823 Points)
Replied 04 May 2019
Body Corporate” has the same meaning as assigned to it in clause (11) of section 2 of the Companies Act, 2013. Hence , Partnership firm Does not fall under definition of Body corporaTE, SO RCM APPLICABLE
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