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.
Composition Scheme is a simple and easy scheme under GST for taxpayers.
Small taxpayers can get rid of tedious GST formalities and pay GST at a fixed rate of turnover.
This scheme can be opted by any for other service providers subject to threshold limit of turnover in the preceding financial year Rs. 50 lakhs. GST is payable at 6% on turnover.
Our expert CA provides the Consultancy with regard to GST matters on the security services.