Security service providers

251 views 5 replies

jack sparrow

27 Points Joined August 2018

I am the gst registered security service provider

With effect from 01.01.2019 Any Registered Person receiving security services (Service 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.

then I need to issue bill with gst or without gst.

then what is procedure for filing gst if the receiver pays gst on rcm basis

Replies (5)

Pankaj Rawat

GST Practitioner

55067 Points Joined June 2017

Yes have to issue the Bill without charging GST , mention the "RCM applicatable" on bill.

Report it under GSTr 1 , in table 4A, by clicking the option "Supply attract Reverse Charge"

Prince Bansal

Article

26 Points Joined March 2013

is body corporate include llp?

Dharam

CA FINAL

164 Points Joined January 2019

agreed with mr. pankaj sir

Siva Raj

358 Points Joined October 2018

body corporate means

pritesh

CA Final student

7106 Points Joined April 2018

Following are not bodies corporates: 1) Proprietorship concern -- It is not a separate legal entity other than its proprietor and hence it is not a body corporate. 2) Society registered under Societies Registration Act is not a body corporate as held by Supreme Court in Board of Trustees Ayurvedic & Unani Tibia Collehe, Delhi v. State of Delhi, AIR 1962 SC 458. 3) Partnership firm is not a body corporate. 4. HUF - is not a body corporate 5. Mutual funds set up as per SEBI regulations run by trustees are not bodies corporate Following are included in body corporate: 1. All Indian companies registered under Companies Act 2. All foreign companies 3. All corporations formed under special law of India or any other country 4. LLPs 5. Public financial institu tions u/s 4A of Companies Act 1956 6. Nationalised banks incorporated under Banking Companies (Acquisition & Transfer of Undertakings) Ac 1970