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.
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