RCM on Security Services

I am working in the Organization and we are receiving Security Services from 1.01.2019. please explain the process of RCM on Security Services.

Asked on January 23, 2019 in Miscellaneous.
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1 Answer(s)

From 1st January, 2019, Government has made certain changes in Tax Rates. As per the changes made, Security Service Provider has been exempted from GST liability for non corporate suppliers . The changes made the Security Service taxable under RCM which means Security Service Receiver who will be a registered taxpayer have to bear the GST liability.

Answered on January 23, 2019.
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Your Answer

Gen GST