SCHEDULE OF GST RATES FOR SERVICES AS APPROVED BY GST COUNCIL

SERVICES UNDER REVERSE CHARGE AS APPROVED BY GST COUNCIL

The fitment of rates of services were discussed on 19 May 2017 during the 14th GST Council meeting held at Srinagar, Jammu & Kashmir. The Council has broadly approved the GST rates for services at Nil, 5%, 12%, 18% and 28%. The list of services that will be under reverse charge as approved by the GST Council is given below. The information is being uploaded immediately after the GST Council’s decision and it will be subject to further vetting during which the list may undergo some changes. The decisions of the GST Council are being communicated for general information and will be given effect to through gazette notifications which shall have force of law.

Percentage

Percentage of

service tax

of service

Sl.

Provider

payable by any

Service

tax payable

Recipient of Service

No.

of service

person other

by service

than the

provider

service provider

1.

Taxable

services

provided

or

Any

person

Any person located in the

agreed to be provided

by any

who is located

taxable territory other

than

person who is located in a

in a

non-

non-assessee online recipient

non-taxable

territory

and

taxable

Nil

(Business Recipient)

100%

received

by

any

person

territory

located in the taxable territory

other than non-assessee

online recipient (OIDAR)

2.

Services

provided

or

agreed

Goods

(a) any factory registered

under

to be provided by

a

goods

Transport

or governed by the Factories

transport agency

(GTA)

in

Agency (GTA)

Act, 1948;

respect

of transportation

of

Nil

100%

(b) any society registered

under

goods by road

the Societies Registration Act,

1860 or under any other law

for the time being in force in

1

						Percentage			Percentage of
									service tax
						of service
	Sl.		Provider						payable by any
		Service				tax payable	Recipient of Service
	No.		of service						person other
						by service
									than the
						provider
									service provider
							any part of India;
							(c) any co-operative	society
							established by or under any
							law;
							(d) any person registered	under
							CGST/SGST/UTGST Act;
							(e) any body corporate
							established, by or under any
							law; or
							(f) any partnership firm whether
							registered or not under any
							law including association of
							persons.
							(g) Casual taxable person
	3.	Services provided or agreed to	An	individual			Any business entity.
		be provided by an individual	advocate		or
		advocate or firm of advocates	firm		of	Nil			100%
		by way of legal services,	advocates
		directly or indirectly
	4.	Services provided or agreed	An	arbitral			Any business entity.
		to be provided by an arbitral	tribunal			Nil			100%
		tribunal
						2

						Percentage			Percentage of
									service tax
						of service
Sl.					Provider				payable by any
			Service			tax payable	Recipient of Service
No.				of service					person other
						by service
									than the
						provider
									service provider
5.	Sponsorship services			Any person			Anybody	corporate	or
						Nil	partnership firm.		100%
	Services	provided or agreed		Government			Any business entity.
6.	to	be	provided by	or	local
	Government or local authority			authority
	excluding,-

(1)renting of immovable property, and

(2)services specified below-

(i) services		by	the
Department		of Posts		by
way of	speed		post,		Nil	100%
express	parcel post,			life
insurance,		and agency
services	provided		to	a
person	other		than
Government;

(ii)services in relation to an aircraft or a vessel, inside or outside the precincts of a port or an

3

Percentage

Percentage of

service tax

of service

Sl.

Provider

payable by any

Service

tax payable

Recipient of Service

No.

of service

person other

by service

than the

provider

service provider

airport;

(iii) transport of goods or

passengers.

8.

Services provided or agreed to

A director of a

A company or a body corporate.

be provided by a director of a

company or a

company or a body corporate

body

Nil

100%

to the said company or the

corporate

body corporate;

9.

Services

provided

or agreed

An insurance

Any person

carrying

on

to be

provided by

an

agent

insurance business.

insurance

agent

to

any

Nil

100%

person carrying on insurance

business

10.

Services provided or agreed to

A

recovery

A banking company or a

be provided by a recovery

agent

financial institution or a non-

agent to a banking company

Nil

banking financial company.

100%

or a financial institution or a

non-banking

financial

company

11.

Services

by

way

of

A

person

Importer as

defined

under

transportation of goods by a

located

in

Nil

clause (26) of section 2 of the

100%

vessel from

a place outside

non-taxable

Customs Act, 1962.

4

									Percentage		Percentage of
											service tax
									of service
Sl.							Provider				payable by any
			Service						tax payable	Recipient of Service
No.							of service				person other
									by service
											than the
									provider
											service provider
	India up to the customs						territory	to a
	station of clearance in India						person
							located	in
							non-taxable
							territory
17.	Transfer or permitting the use						Author	or		Publisher, Music company,
	or enjoyment of a				copyright		music
										Producer
	covered under clause (a) of						composer,
	sub-section			(1) of section 13			photographer,		NIL		100%
	of the Copyright Act, 1957						artist, etc
	relating	to		original		literary,
	dramatic,		musical		or	artistic
	works
18	Radio	taxi		or	Passenger		Taxi driver or			Any person	100% by
	Transport		Services		provided		Rent a	cab			Electronic
									Nil
	through	electronic			commerce		operator				Commerce
	operator										Operator

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