Changes in GST under Reverse Charge Mechanism by 31st GST Council Meeting
As per 31st GST Council Meeting Decisions held on 22.12.2018 Following changes are recommended :-
- Security services (supply of security personnel) provided
- to a registered person,except Government Departments which have taken registration for TDS and
- entities registered under composition scheme,
shall be put under RCM.
- Services provided by
- unregistered Business Facilitator (BF) to a bank and
- agent of Business correspondent (BC) to a BC
shall be put under RCM.
- Parliament and State legislatures shall be extended the same tax treatment with regard to payment of tax under RCM (reverse charge mechanism)as available to Central and State Governments.
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