Vide Notification 45/2012 and 46/2012 dated 07-08-2012 read with Notification 30/2012 dated 20-6-2012, security services has been brought under reverse charge mechanism u/s 68(2)i.e.if security services are provided by individual,HUF or partnership firm,AOP to a body corporate, 75% of service tax is required to be deposited by that body corporate and balance 25% is to be remitted by security service agency
Hence reverse charge is applicable only if service recepient is body corporate and is not applicable in other cases.Hence if service is provided to some educational institution, service tax shall not be paid by that educational institution.
Security services have been appended along manpower supply service which was already under reverse charge by virtue of notification 30/2012
As per Notification 46/2012 Security services” means services relating to the security of any property, whether movable or immovable, or of any person, in any manner and includes the services of investigation, detection or verification, of any fact or activity;
Hence reverse charge is applicable only if service recepient is body corporate and is not applicable in other cases.Hence if service is provided to some educational institution, service tax shall not be paid by that educational institution.
Security services have been appended along manpower supply service which was already under reverse charge by virtue of notification 30/2012
Further service tax is to be paid by body corporate even if service provider is exempt being small service provider.
As per Notification 46/2012 Security services” means services relating to the security of any property, whether movable or immovable, or of any person, in any manner and includes the services of investigation, detection or verification, of any fact or activity;
In lighter vein, services mentioned in later part of definition are similiar to services of auditor, hence whether auditor services are also security services
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