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
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service tax
| |||||||||||||
of service
| |||||||||||||
Sl.
|
Provider
|
payable by any
| |||||||||||
Service
|
tax payable
|
Recipient of Service
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No.
|
of service
|
person other
| |||||||||||
by service
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than the
| |||||||||||||
provider
| |||||||||||||
service provider
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1.
|
Taxable
|
services
|
provided
|
or
|
Any
|
person
|
Any person located in the
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agreed to be provided
|
by any
|
who is located
|
taxable territory other
|
than
| |||||||||
person who is located in a
|
in a
|
non-
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territory
|
and
|
taxable
|
Nil
|
(Business Recipient)
|
100%
| ||||||||
received
|
by
|
any
|
person
|
territory
| |||||||||
located in the taxable territory
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other than
| |||||||||||||
online recipient (OIDAR)
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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;
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respect
|
of transportation
|
of
|
Nil
|
100%
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(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
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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;
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(c) any
|
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
| |||||||||||||
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
|
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
| ||||||||||
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,
| ||||||||||
(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
|
****
5
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