Reverse Charge Mechanism expansion on security services prompts registered recipients to pay GST under RCM.
Reverse Charge on security personnel services requires registered recipients to pay GST under reverse charge for gross charges (including PF, ESI and service charges) from 1 January 2019; RCM on purchases from unregistered persons will apply only when specific recipient classes or goods/services are notified, so currently such RCM does not operate. Section 49A changes the sequence of ITC utilisation, prioritising IGST credit exhaustion first, affecting CGST/SGST balances and potential cash outflows. (AI Summary)

GST on used cars: margin-based valuation and concessional rates reduce tax liability for eligible dealers.
Registered dealers of second hand motor vehicles may apply a margin based valuation where taxable value equals sale price less purchase price if no input tax credit was claimed on acquisition; income tax depreciation affects the margin calculation where depreciation was claimed. Abatement notifications allowed qualifying dealers who purchased before a specified date and had not claimed prior indirect tax credits to pay GST on 65% of value, but later 2018 notifications modified or superseded those reliefs and altered GST and compensation cess treatment across vehicle categories. (AI Summary)