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The decision taken in the recent council meeting are notified by various notification namely 20/2017, 21/2017, 22/2017 and 23/2017 dated 22nd August,2017. Moreover various exemptions are added or updated.
Check GST Common portal for More Information
The summary of the above notifications are as follows:
Notification 20-2017 – Amendment to rate of certain services
| S. No. | Particulars | Tax Rate |
| 1 | Works contract in relation to specified projects and/or purpose – | 12% with full ITC |
| 2 | Transport of passengers by motor-cab (cost of fuel included) – | 5% with no ITC 0r 12% with full ITC |
| 3 | Services of GTA – | 5% with no ITC 0r 12% with full ITC(on all services of GTA) |
| 4 | Renting of motor-cab (cost of fuel included) – | 5% with no ITC 0r 12% with full ITC |
| 5 | Support Services of GTA – | 5% with no ITC 0r 12% with full ITC(on all services of GTA) |
| 6 | Job work related to all textile products – | 5% |
| 7 | Services of printing (materials supplied by printer) – | 12% |
| 8 | Admission or access to planetarium – | 18% |
Notification 21-2017 – Exemption to services – new entry
- Services provided by or to FIFA for FIFA U-17 World Cup
- Services provided by Fair price shop to central or state govt. by charging commission or margin.
- Restructured Weather Based Crop Insurance Scheme (RWCIS)
- Pradhan Mantri Fasal BimaYojana (PMFBY)
Notification 22-2017 – Changes to RCM entry wrt GTA
- Services of GTA who has not paid tax under 12% will be in RCM. (if GTA pays tax under 12%, such services will be in forward charge).
- LLP to be included in partnership firm or firm.
Notification 23-2017 – Addition to RCM entry by E-commerce operator
- Services by way of house-keeping such as plumping, carpentering, etc. through E-commerce except when person is liable for registration.
Link To Relevant Notifications-
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How MUCH GST ON MES WORK CONTRACT IN AUGUST 2017
so can we claim refund of excess ITC in Work Contract business as per serial no 1 of notifiaction 20/2017 central tax rate – 22/08/2017
Kindly refer the source notification from the CBEC website. The notification are effective from the date of publication in official gazette. Changes in rates are effective immediately.
Can you please let me know from which date these rates are effective?
Is this article is true?????, there is no notification showing on GST council website about confirmation of changes in rates…Please confirm, if possible send me the link
Is this article is true, there is notification showing on GST council website confirming the changes in rate…Please confirm, if possible send me the link