Ready Reckoner – GST Service Rates

Right before the roll out of GST, let’s have a quick recap of the list of rate of services, approved by the GST Council in its 14th Meeting with related amendments, so far covering the Services under Reverse Charge and Services Exempted under GST.

Rate of Tax on Services

Sl. No. Description of Services GST Rate
1. Transport of goods by rail 5% with ITC of input services
2. Transport of passengers by rail (other than sleeper class) 5% with ITC of input services
3. Services of goods transport agency (GTA) in relation to transportation of goods [other than used household goods for personal use] 5% No ITC
4. Services of goods transport agency in relation to transportation of used household goods for personal use 5% No ITC
15. Transport of goods in a vessel including services provided or agreed to be provided by a person located in non-taxable territory to a person located in nontaxable territory by way of transportation of goods by a vessel from a place outside India up to the customs station of clearance in India 5% with ITC of input services and ITC of GST paid on ships, vessels including bulk carriers and tankers
6. Renting of motorcab (If fuel cost is borne by the service recipient, then 18% GST will apply) 5% No ITC
7. Transport of passengers, by- (i) Air conditioned contract/stage carriage other than motorcab; (ii) a radio taxi. 5% No ITC
8. Transport of passengers by air in economy class 5% with ITC of input services
9. Transport of passengers, with or without accompanied belongings, by air, embarking from or terminating in a Regional Connectivity Scheme Airport. 5% with ITC of input services
10. Supply of tour operators’ services 5% No ITC
11. Leasing of aircrafts under Schedule II [5 (f)] by a scheduled airlines for scheduled operations 5% with ITC of input services
12. Selling of space for advertisement in print media 5% With Full ITC
13. Services by way of job work in relation to printing of newspapers; 5% With Full ITC
213A Services by way of job work in relation to –

a) Textile yarns (other than man-made fibre/filament) & textile fabrics

b) Cut and polished diamonds; precious and semi-precious stones, or plain and studded jewellery of gold and other precious metals, falling under chapter 71 of HSN

c) Printing of books (including braille books), journals and periodicals

d) Processing of leather

5% with Full ITC
14. Transport of goods in containers by rail by any person other than Indian Railways 12% With Full ITC
15. Transport of passengers by air in other than economy class 12% With Full ITC
16. Supply of Food/drinks in restaurant not having facility of air-conditioning or central heating at any time during the year and not having licence to serve liquor. 12% With Full ITC
17. Renting of hotels, inns, guest houses, clubs, campsites or other commercial places meant for residential or lodging purposes having room tariff Rs.1000 and above but less than Rs.2500 per room per day 12% With Full ITC
18. Services provided by foreman of chit fund in relation to chit 12% with ITC of input services
19. Construction of a complex, building, civil structure or a part thereof, intended for sale to a buyer, wholly or partly. [The value of land is included in the amount charged from the service recipient] 12% With Full ITC but no refund of overflow of ITC
20. Temporary transfer or permitting the use or enjoyment of any Intellectual Property (IP) to attract the same rate as in respect of permanent transfer of IP; 12% with full ITC
21. Supply of Food/drinks in restaurant having licence to serve liquor 18% With Full ITC
22. Supply of Food/drinks in restaurant having facility of air-conditioning or central heating at any time during the year 18% With Full ITC
23. Supply of Food/drinks in outdoor catering 18% With Full ITC
324. Renting of hotels, inns, guest houses, clubs, campsites or other commercial places meant for residential or lodging purposes where room tariff is Rs 2500/ and above but less than Rs 7500/- per room per day 18% With Full ITC
25. Bundled service by way of supply of food or any other article of human consumption or any drink, in a premises (including hotel, convention center, club, pandal, shamiana or any other place, specially arranged for organizing a function) together with renting of such premises 18% With Full ITC
26. Services by way of admission or access to circus, Indian classical dance including folk dance, theatrical performance, drama 18% With Full ITC
27. Composite supply of Works contract as defined in clause 119 of section 2 of CGST Act 18% With Full ITC
227A Services by way of right to admission to exhibition of cinematographic films where the consideration for admission is Rs. 100 or less. 18% with Full ITC
28. Services by way of admission to entertainment events or access to amusement facilities including exhibition of cinematograph films, theme parks, water parks, joy rides, merry-go rounds, go-carting, casinos, race-course, ballet, any sporting event such as IPL and the like; 28% With Full ITC
29. Services provided by a race club by way of totalisator or a licensed bookmaker in such club; 28% With Full ITC
30. Gambling; 28% With Full ITC
431. Supply of Food/drinks in air-conditioned restaurant in 5-star or above rated Hotel 18% With Full ITC
532. Accommodation in hotels including 5 star and above rated hotels, inns, guest houses, clubs, campsites or other commercial places meant for residential or lodging purposes, where room rent is Rs 7500/- and above per room per day
33. Transfer of the right to use any goods for any purpose (whether or not for a specified period) for cash, deferred payment or other valuable consideration (supply of service) to attract the same GST rate and compensation cess as applicable on supply of similar goods which involves any transfer of title in goods (supply of goods) Same rate of GST and compensation cess as on supply of similar goods
34. Any transfer of right in goods or of undivided share in goods without the transfer of title thereof (supply of services) to attract the same GST rate and compensation cess as applicable on supply of similar goods which involves any transfer of title in goods (supply of goods). Same rate of GST and compensation cess as on supply of similar goods
35. Supply consisting of transfer of title in goods under an agreement which stipulates that property in goods shall pass at a future date upon payment of full consideration as agreed (supply of goods): value of leasing services shall be included in the value of goods supplied. GST and compensation cess as on supply of similar goods
36. All other services not specified elsewhere 18% With Full ITC
It has been decided that supply of lottery shall attract GST rates as under –

1. Lottery run by State Governments – 12% of face value of lottery ticket

2. Lottery authorized by State Governments – 28% of face value of lottery ticket

Services under Reverse Charge

Sl. No. Service Provider of service (Percentage of service tax payable by service provider is NIL) Recipient of Service Percentage of service tax payable by any person other than the service provider
1. Taxable services provided or agreed to be provided by any person who is located in a non-taxable territory and received by any person located in the taxable territory other than non-assessee online recipient (OIDAR) Any person who is located in a nontaxable territory Any person located in the taxable territory other than non-assessee online recipient (Business Recipient) 100%
2. Services provided or agreed to be provided by a goods transport agency (GTA) in respect of transportation of goods by road Goods Transport Agency (GTA) (a) any factory registered under or governed by the Factories Act, 1948;

(b)any society registered under the Societies Registration Act, 1860 or under any other law for the time being in force in 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 be provided by an individual advocate or firm of advocates by way of legal services, directly or indirectly An individual advocate or firm of advocates Any business entity.
4. Services provided or agreed to be provided by an arbitral tribunal An arbitral tribunal Any business entity.
5. Sponsorship services Any person Anybody corporate or partnership firm
6. Services provided or agreed to be provided by Government or local authority excluding, – (1) renting of immovable property, and (2) services specified below-

(i) services by the Department of Posts by way of speed post, 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 airport;

(iii) transport of goods or passengers

Government or local authority Any business entity.
7. Services provided or agreed to be provided by a director of a company or a body corporate to the said company or the body corporate; A director of a company or a body corporate A company or a body corporate.
8. Services provided or agreed to be provided by an insurance agent to any person carrying on insurance business An insurance agent Any person carrying on insurance business.
9. Services provided or agreed to be provided by a recovery agent to a banking company or a financial institution or a non-banking financial company A recovery agent A banking company or a financial institution or a nonbanking financial company.
10. Services by way of transportation of goods by a vessel from a place outside India up to the customs station of clearance in India A person located in non-taxable territory to a person located in non-taxable territory Importer as defined under clause (26) of section 2 of the Customs Act, 1962.
11. Transfer or permitting the use or enjoyment of a copyright covered under clause (a) of sub-section (1) of section 13 of the Copyright Act, 1957 relating to original literary, dramatic, musical or artistic works Author or music composer, photographer, artist, etc. Publisher, Music company, Producer
12. Radio taxi or Passenger Transport Services provided through electronic commerce operator Taxi driver or Rent a cab operator Any person 100% by Electronic Commerce Operator

Services Exempted under GST

Sl. No. Services
1. Services by Government or a local authority excluding the following services—

(i) services by the Department of Posts by way of speed post, 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 airport;

(iii) transport of goods or passengers; or

(iv) any service, other than services covered under clauses (i) to (iii) above, provided to business entities

2. Services by the Reserve Bank of India
3. Services by a foreign diplomatic mission located in India
4. Services relating to cultivation of plants and rearing of all life forms of animals, except the rearing of horses, for food, fibre, fuel, raw material or other similar products or agricultural produce by way of—

(i) agricultural operations directly related to production of any agricultural produce including cultivation, harvesting, threshing, plant protection or testing or

(ii) supply of farm labour;

(iii) processes carried out at an agricultural farm including tending, pruning, cutting, harvesting, drying, cleaning, trimming, sun drying, fumigating, curing, sorting, grading, cooling or bulk packaging and such like operations which do not alter the essential characteristics of agricultural produce but make it only marketable for the primary market;

(iv) renting or leasing of agro machinery or vacant land with or without a structure incidental to its use;

(v) loading, unloading, packing, storage or warehousing of agricultural produce;

(vi) agricultural extension services;

(vii) services by any Agricultural Produce Marketing Committee or Board or services provided by a commission agent for sale or purchase of agricultural produce.

5. Service by way of access to a road or a bridge on payment of toll charges
6. Transmission or distribution of electricity by an electricity transmission or distribution utility
7. Services by way of renting of residential dwelling for use as residence
8. Services by way of—

(i) extending deposits, loans or advances in so far as the consideration is represented by way of interest or discount (other than interest involved in credit card services);

(ii) inter se sale or purchase of foreign currency amongst banks or authorised dealers of foreign exchange or amongst banks and such dealers;

9. Services by way of transportation of goods

(i) by road except the services of—

(A) a goods transportation agency; or

(B) a courier agency;

(ii) by inland waterways;

10. Services provided to the United Nations or a specified international organization. Exemption may be notified by way of issuing notification under section 55 of CGST/SGST Act.
11. Services provided by operators of the Common Bio-medical Waste Treatment Facility to a clinical establishment by way of treatment or disposal of bio-medical waste or the processes incidental thereto;
12. Services by a veterinary clinic in relation to health care of animals or birds;
13. Services by an entity registered under section 12AA of the Income tax Act, 1961 (43 of 1961) by way of charitable activities;[Charitable activities may be defined as presently in notification No 25/2012-ST.
14. Services by a specified organisation in respect of a religious pilgrimage facilitated by the Ministry of External Affairs of the Government of India, under bilateral arrangement;
15. Services provided by-

(a) an arbitral tribunal to –

(i) any person other than a business entity; or

(ii) a business entity with a turnover up to rupees twenty lakh (ten lakh rupees in a special category state) in the preceding financial year;

(b) a partnership firm of advocates or an individual as an advocate other than a senior advocate, by way of legal services to-

(i) an advocate or partnership firm of advocates providing legal services;

(ii) any person other than a business entity; or

(iii) a business entity with a turnover up to rupees twenty lakh (ten lakh rupees in a special category state) in the preceding financial year; or

(c) a senior advocate by way of legal services to-

(i) any person other than a business entity; or

(ii) a business entity up to rupees twenty lakh (ten lakh rupees in a special category state) in the preceding financial year;

16. Services provided,-

(a) by an educational institution to its students, faculty and staff;

(b) to an educational institution, by way of,-

(i) transportation of students, faculty and staff;

(ii) catering, including any mid-day meals scheme sponsored by the Government;

(iii) security or cleaning or house-keeping services performed in such educational institution; (iv)services relating to admission to, or conduct of examination by, such institution; upto higher secondary.

Provided that nothing contained in clause (b) of this entry shall apply to an educational institution other than an institution providing services by way of pre-school education and education up to higher secondary school or equivalent

17. Services provided by the Indian Institutes of Management, as per the guidelines of the Central Government, to their students, by way of the following educational programmes, except Executive Development Programme, –

(a) two year full time residential Post Graduate Programmes in Management for the Post Graduate Diploma in Management, to which admissions are made on the basis of Common Admission Test (CAT), conducted by Indian Institute of Management;

(b) fellow programme in Management;

(c) five year integrated programme in Management.

18. Services provided to a recognized sports body by-

(a) an individual as a player, referee, umpire, coach or team manager for participation in a sporting event organized by a recognized sports body;

(b) another recognised sports body;

19. Services by an artist by way of a performance in folk or classical art forms of (i) music, or (ii)dance, or (iii)theatre, if the consideration charged for such performance is not more than one lakh and fifty thousand rupees:

Provided that the exemption shall not apply to service provided by such artist as a brand ambassador;

20. Services by way of collecting or providing news by an independent journalist, Press Trust of India or United News of India;
21. Services by way of giving on hire –

(a) to a state transport undertaking, a motor vehicle meant to carry more than twelve passengers; or

(b) to a goods transport agency, a means of transportation of goods;

22. Transport of passengers, with or without accompanied belongings, by –

(a) air, embarking from or terminating in an airport located in the state of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, or Tripura or at Bagdogra located in West Bengal;

(b) non-airconditioned contract carriage other than radio taxi, for transportation of passengers, excluding tourism, conducted tour, charter or hire; or

(c) stage carriage other than air-conditioned stage carriage

23. Services of life insurance business provided by way of annuity under the National Pension System regulated by Pension Fund Regulatory and Development Authority of India (PFRDA) under the Pension Fund Regulatory And Development Authority Act, 2013 (23 of 2013)
24. Services of life insurance business provided or agreed to be provided by the Army, Naval and Air Force Group Insurance Funds to members of the Army, Navy and Air Force, respectively, under the Group Insurance Schemes of the Central Government
25. Services provided by an incubatee up to a total turnover of fifty lakh rupees in a financial year subject to the following conditions, namely:-

(a) the total turnover had not exceeded fifty lakh rupees during the preceding financial year; and

(b) a period of three years has not been elapsed from the date of entering into an agreement as an incubatee;

26. Service by an unincorporated body or a non- profit entity registered under any law for the time being in force, to its own members by way of reimbursement of charges or share of contribution – (a) as a trade union;

(b) for the provision of carrying out any activity which is exempt from the levy of GST; or

(c) up to an amount of five thousand rupees per month per member for sourcing of goods or services from a third person for the common use of its members in a housing society or a residential complex;

27. Services by an organiser to any person in respect of a business exhibition held outside India;
28. Services by way of slaughtering of animals;
29. Services received from a provider of service located in a non- taxable territory by –

(a) Government, a local authority, a governmental authority or an individual in relation to any purpose other than commerce, industry or any other business or profession;

(b) an entity registered under section 12AA of the Income tax Act, 1961 (43 of 1961) for the purposes of providing charitable activities; or

(c) a person located in a non-taxable territory; Provided that the exemption shall not apply to – (i) online information and database access or retrieval services received by persons specified in clause (a)or clause (b); or

(ii) services by way of transportation of goods by a vessel from a place outside India up to the customs station of clearance in India received by persons specified in clause (c);

30. Services of public libraries by way of lending of books, publications or any other knowledge-enhancing content or material
31. Services by Employees’ State Insurance Corporation to persons governed under the Employees’ Insurance Act, 1948 (34 of 1948);
32. Services by way of transfer of a going concern, as a whole or an independent part thereof;
33. Services by way of public conveniences such as provision of facilities of bathroom, washrooms, lavatories, urinal or toilets;
34. Services by government, local authority or governmental authority by way of any activity in relation to any function entrusted to a municipality under Article 243 W of the Constitution.
35. Services received by the Reserve Bank of India, from outside India in relation to management of foreign exchange reserves;
36. Services provided by a tour operator to a foreign tourist in relation to a tour conducted wholly outside India
37. Services by way of pre-conditioning, pre-cooling, ripening, waxing, retail packing, labelling of fruits and vegetables which do not change or alter the essential characteristics of the said fruits or vegetables;
38. Services by way of admission to a museum, national park, wildlife sanctuary, tiger reserve or zoo;
39. Services provided by Government or a local authority to a business entity with a turnover up to rupees twenty lakh (ten lakh rupees in a special category state) in the preceding financial year. Explanation.- For the purposes of this entry, it is hereby clarified that the provisions of this entry shall not be applicable to (a) services at S. No. 1 (i), (ii)and (iii); and (b) services by way of renting of immovable property;
40. Services provided by Employees Provident Fund Organisation (EPFO) to persons governed under the Employees Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952);
41. Services provided by Insurance Regulatory and Development Authority of India (IRDA) to insurers under the Insurance Regulatory and Development Authority of India Act, 1999 (41 of 1999);
42. Services provided by Securities and Exchange Board of India (SEBI) set up under the Securities and Exchange Board of India Act, 1992 (15 of 1992) by way of protecting the interests of investors in securities and to promote the development of, and to regulate, the securities market;
43. Services provided by National Centre for Cold Chain Development under Ministry of Agriculture, Cooperation and Farmer’s Welfare by way of cold chain knowledge dissemination;
44. Services by way of transportation of goods by an aircraft from a place outside India upto the customs station of clearance in India.
45. Services provided by Government or a local authority to another Government or local authority: Provided that nothing contained in this entry shall apply to services at S. No. 1 (i), (ii)and (iii) above
46. Services provided by Government or a local authority by way of issuance of passport, visa, driving licence, birth certificate or death certificate
47. Services provided by Government or a local authority by way of tolerating non-performance of a contract for which consideration in the form of fines or liquidated damages is payable to the Government or the local authority under such contract;
48. Services provided by Government or a local authority by way of- (a) registration required under any law for the time being in force; (b) testing, calibration, safety check or certification relating to protection or safety of workers, consumers or public at large, including fire license, required under any law for the time being in force;
49. Services provided by Government or a local authority by way of assignment of right to use natural resources to an individual farmer for cultivation of plants and rearing of all life forms of animals, except the rearing of horses, for food, fibre, fuel, raw material or other similar products;
50. Services by Government, a local authority or a governmental authority by way of any activity in relation to any function entrusted to a Panchayat under article 243G of the Constitution:

this shall be continued by way of notification undersection 7(2)(b) of CGST/SGST Acts.

51. Services provided by Government or a local authority by way of assignment of right to use any natural resource where such right to use was assigned by the Government or the local authority before the 1st April, 2016:

Provided that the exemption shall apply only to service tax payable on one time charge payable, in full upfront or in installments, for assignment of right to use such natural resource;

52. Services provided by Government or a local authority by way of allowing a business entity to operate as a telecom service provider or use radiofrequency spectrum during the period prior to 1st April, 2016, on payment of licence fee or spectrum user charges, as the case may be;
53. Services provided by Government by way of deputing officers after office hours or on holidays for inspection or container stuffing or such other duties in relation to import export cargo on payment of Merchant Overtime charges (MOT).
54. Services by an acquiring bank, to any person in relation to settlement of an amount upto two thousand rupees in a single transaction transacted through credit card, debit card, charge card or other payment card service.

Explanation. — For the purposes of this entry, “acquiring bank” means any banking company, financial institution including non-banking financial company or any other person, who makes the payment to any person who accepts such card

55. Services of leasing of assets (rolling stock assets including wagons, coaches, locos) by Indian Railways Finance Corporation to Indian Railways
56. Services provided by any person for official use of a foreign diplomatic mission or consular post in India or for personal use or for the use of the family members of diplomatic agents or career consular officers posed therein. This exemption is available on reciprocal basis based on a certificate issued by MEA (Protocol Division):

this shall be continued by way of notification under section 55 of CGST/SGST Acts.

57. Taxable services, provided or to be provided, by a Technology Business Incubator (TBI) or a Science and Technology Entrepreneurship Park (STEP) recognized by the National Science and Technology Entrepreneurship Development Board (NSTEDB) of the Department of Science and Technology, Government of India or bio-incubators recognized by the Biotechnology Industry Research Assistance Council, under Department of Biotechnology, Government of India;
58. Taxable service provided by State Government Industrial Development Corporations/ Undertakings to industrial units by way of granting long term (thirty years, or more) lease of industrial plots from so much of tax leviable thereon, as is leviable on the one time upfront amount (called as premium, salami, cost, price, development charges or by any other name) payable for such lease.
59. Services provided to the government by way of transport of passengers with or without accompanied belongings, by air, embarking from or terminating at a regional connectivity scheme airport, against consideration in the form of viability gap funding (VGF).

Provided that nothing contained in this entry shall apply on or after the expiry of a period of 1 year from the date of commencement of operations of the regional connectivity scheme airport as notified by the Ministry of Civil Aviation

60. Services provided by cord blood banks by way of preservation of stem cells or any other service in relation to such preservation;
61. Services by way of training or coaching in recreational activities relating to,-

(i) arts or culture. or

(ii) sports by charitable entities registered under section 12AA of Income tax Act, 1961;

62. Any services provided by,

(i) the National Skill Development Corporation set up by the Government of India;

(ii) a Sector Skill Council approved by the National Skill Development Corporation;

(iii) an assessment agency approved by the Sector Skill Council or the National Skill Development Corporation;

(iv) a training partner approved by the National Skill Development Corporation or the Sector Skill Council

in relation to

(a) the National Skill Development Programme implemented by the National Skill Development Corporation; or

(b) a vocational skill development course under the National Skill Certification and Monetary Reward Scheme; or

(c) any other Scheme implemented by the National Skill Development Corporation.

63. Services of assessing bodies empanelled centrally by Directorate General of Training, Ministry of Skill Development and Entrepreneurship by way of assessments under Skill Development Initiative (SDI) Scheme
64. Services provided by training providers (Project implementation agencies) under Deen Dayal Upadhyaya Grameen Kaushalya Yojana under the Ministry of Rural Development by way of offering skill or vocational training courses certified by National Council For Vocational Training.
65. Services by way of sponsorship of sporting events organised,-

(a) by a national sports federation, or its affiliated federations, where the participating teams or individuals represent any district, State, zone or Country;

(b) by Association of Indian Universities, Inter-University Sports Board, School Games Federation of India, All India Sports Council for the Deaf, Paralympic Committee of India or Special Olympics Bharat;

(c) by Central Civil Services Cultural and Sports Board;

(d) as part of national games, by Indian Olympic Association; or

(e) under Panchayat Yuva Kreeda Aur Khel Abhiyaan (PYKKA) Scheme;

66. Services provided by way of pure labour contracts of construction, erection, commissioning, installation, completion, fitting out, repair, maintenance, renovation, or alteration of a civil structure or any other original works pertaining to the Beneficiary-led individual house construction / enhancement under the Housing for All (Urban) Mission/Pradhan Mantri Awas Yojana (PMAY);
67. Services by way of pure labour contracts of construction, erection, commissioning, or installation of original works pertaining to a single residential unit otherwise than as a part of a residential complex;
68. Services of general insurance business provided under following schemes –

(a) Hut Insurance Scheme;

(b) Cattle Insurance under Swarnajaynti Gram Swarozgar Yojna (earlier known as Integrated Rural Development Programme);

(c) Scheme for Insurance of Tribals;

(d) Janata Personal Accident Policy and Gramin Accident Policy;

(e) Group Personal Accident Policy for Self-Employed Women;

(f) Agricultural Pumpset and Failed Well Insurance;

(g) Premia collected on export credit insurance;

(h) Weather Based Crop Insurance Scheme or the Modified National Agricultural Insurance Scheme, approved by the Government of India and implemented by the Ministry of Agriculture; (i) Jan Arogya Bima Policy;

(j) National Agricultural Insurance Scheme (Rashtriya Krishi Bima Yojana);

(k) Pilot Scheme on Seed Crop Insurance;

(l) Central Sector Scheme on Cattle Insurance;

(m) Universal Health Insurance Scheme;

(n) Rashtriya Swasthya Bima Yojana; or

(o) Coconut Palm Insurance Scheme;

(p) Pradhan Mantri Suraksha BimaYojna;

(q) Niramaya Health Insurance Scheme implemented by Trust constituted under the provisions of the National Trust for the Welfare of Persons with Autism, Cerebral Palsy, Mental Retardation and Multiple Disabilities Act, 1999 (44 of 1999); or

(r) Any other insurance scheme of the State Government as may be notified by Government of India on the recommendation of GSTC

69. Services of life insurance business provided under following schemes –

(a) Janashree Bima Yojana (JBY); or

(b) Aam Aadmi Bima Yojana (AABY);

(c) Life micro-insurance product as approved by the Insurance Regulatory and Development Authority, having maximum amount of cover of fifty thousand rupees;

(d) Varishtha Pension BimaYojana;

(e) Pradhan Mantri Jeevan JyotiBimaYojana;

(f) Pradhan Mantri Jan DhanYogana;

(g) Pradhan Mantri Vaya Vandan Yojana; and

(h) Any other insurance scheme of the State Government as may be notified by Government of India on the recommendation of GSTC.

70. Services by way of collection of contribution under Atal Pension Yojana (APY).
71. Services by way of collection of contribution under any pension scheme of the State Governments
72. Service of transportation of passengers, with or without accompanied belongings, by—

(i) railways in a class other than—

(A) first class; or

(B) an air-conditioned coach;

(ii) metro, monorail or tramway;

(iii) inland waterways;

(iv) public transport, other than predominantly for tourism purpose, in a vessel between places located in India; and

(v) metered cabs or auto rickshaws (including E-rickshaws);

73. Services by a person by way of-

(a) conduct of any religious ceremony;

(b) renting of precincts of a religious place meant for general public, owned or managed by an entity registered as a charitable or religious trust under section 12AA of the Income-tax Act, 1961 (hereinafter referred to as the Income-tax Act), or a trust or an institution registered under sub clause (v) of clause (23C) of section 10 of the Income-tax Act or a body or an authority covered under clause (23BBA) of section 10 of the Income-tax Act: Provided that nothing contained in (b) of this exemption shall apply to,-

(i) renting of rooms where charges are Rs 1000/- or more per day;

(ii) renting of premises, community halls, kalyanmandapam or open area, etc where charges are Rs 10,000/- or more per day;

(iii) renting of shops or other spaces for business or commerce where charges are Rs 10,000/-or more per month.

74. Services by a hotel, inn, guest house, club or campsite, by whatever name called, for residential or lodging purposes, having declared tariff of a unit of accommodation less than one thousand rupees per day or equivalent;
75. Services by way of transportation by rail or a vessel from one place in India to another of the following goods –

(a) relief materials meant for victims of natural or man-made disasters, calamities, accidents or mishap;

(b) defence or military equipments;

(c) newspaper or magazines registered with the Registrar of Newspapers;

(d) railway equipments or materials;

(e) agricultural produce;

(f) milk, salt and food grain including flours, pulses and rice; and

(g) organic manure

76. Services provided by a goods transport agency, by way of transport in a goods carriage of,-

(a) agricultural produce;

(b) goods, where gross amount charged for the transportation of goods on a consignment transported in a single carriage does not exceed one thousand five hundred rupees;

(c) goods, where gross amount charged for transportation of all such goods for a single consignee does not exceed rupees seven hundred fifty;

(d) milk, salt and food grain including flour, pulses and rice;

(e) organic manure;

(f) newspaper or magazines registered with the Registrar of Newspapers;

(g) relief materials meant for victims of natural or man-made disasters, calamities, accidents or mishap; or

(h) defence or military equipment’s;

77. Services by the following persons in respective capacities –

(a) business facilitator or a business correspondent to a banking company with respect to accounts in its rural area branch;

(b) any person as an intermediary to a business facilitator or a business correspondent with respect to services mentioned in clause (g); or

(c) business facilitator or a business correspondent to an insurance company in a rural area;

78. Carrying out an intermediate production process as job work in relation to cultivation of plants and rearing of all life forms of animals, except the rearing of horses, for food, fibre, fuel, raw material or other similar products or agricultural produce;
79. Services by way of loading, unloading, packing, storage or warehousing of rice
80. Services by way of right to admission to, –

(i) circus, dance, or theatrical performance including drama or ballet;

(ii) award function, concert, pageant, musical performance or any sporting event other than a recognized sporting event;

(iii) recognised sporting event;

where the consideration for admission is not more than Rs 250 per person in (i), (ii) and (iii) above

81. Services provided by Government or a local authority where the gross amount charged for such services does not exceed Rs.5000/. Provided that nothing contained in this entry shall apply to services S. No. 1 (i), (ii)and (iii) above: Provided further that in case where continuous supply of service, as defined in sub-section (33) of section2 of the CGST Act, 2017, is provided by the Government or a local authority, the exemption shall apply only where the gross amount charged for such service does not exceed Rs. 5000/- in a financial year; [This may be continued by way of an omnibus threshold exemption from payment of GST under section 9 (4) of CGST/SGST Act in respect of supplies upto Rs 10,000/-].
82. (i) Health care services by a clinical establishment, an authorised medical practitioner or para-medics;

(ii) Services provided by way of transportation of a patient in an ambulance, other than those specified in (i) above;

83. New Exemption:

Services provided by the Goods and Services Tax Network (GSTN) to the Central Government or State Governments/Union Territories for implementation of Goods and Services Tax (GST)

684. Pure services (excluding works contract service or other composite supplies involving supply of any goods) provided to Government, a local authority or a Governmental authority by way of any activity in relation to any function entrusted to a Panchayat under Article 243G of the Constitution or to any function entrusted to a Municipality under Article 243W of the Constitution
685. Services provided to the Government under any insurance scheme for which total premium is paid by Government
686. Services provided to the Government under any training programme for which total expenditure is borne by the Government

 

Exemption from registration under section 23(2) of the CGST Act 2017 of –

1. Individual advocates (including senior advocates)

2. Individual sponsorship service providers (including players)

1 Earlier the rate was ‘5% with ITC of input services’, later on modified in the 17th Meeting held on June 18, 2017

2Later on inserted by GST Council in the 16th Meeting held on June 11, 2017

3 Earlier the rate was ‘18% With Full ITC’, later on modified in the 17th Meeting held on June 18, 2017

4 Earlier the rate was ‘28% With Full ITC’, later on modified in the 17th Meeting held on June 18, 2017

5Earlier the rate was ‘28% With Full ITC’, later on modified in the 17th Meeting held on June 18, 2017

6In the later 16th meeting held on June 11, 2017, this service was exempted

Hope this information will help you in your Professional endeavors. For further assistance/query, feel free to write to us.

Author: C S Ekta Maheshwari is the Author of this article and is Company Secretary by profession. The Author can be reached at csektamaheshwari14@gmail.com

Disclaimer: The entire contents of this article is solely for information purpose and have been prepared on the basis of relevant provisions and as per the information existing at the time of the preparation.. It doesn’t constitute professional advice or a formal recommendation. The author has undertook utmost care to disseminate the true and correct view and doesn’t accept liability for any errors or omissions. You are kindly requested to verify & confirm the updates from the genuine sources before acting on any of the information’s provided herein above.

Author Bio

More Under Goods and Services Tax

Posted Under

Category : Goods and Services Tax (4586)
Type : Trending (279)
Tags : goods and services tax (3149) GST (2736) Rate Chart (63) tax rate changes (98) tax rates (82)

30 responses to “Ready Reckoner – GST Service Rates”

  1. VSK1959 says:

    Can anybody have columner Table for GST rates for Goods & Services. e g

    HSN Code / SAC Code Description Rate

  2. Raghunath Debur says:

    Dear Sir,

    I am a Senior citizen and I provide auditing services to a CA practitioner. I make an invoice on the services rendered from my firm on a monthly basis. My total payment does not exceed Rs 20 Lacs Per Annum. In view of this, kindly clarify the following.

    1. Should I get registered under the GST
    2. If I am exempted as per the GST act, can I continue to make the invoice on the CA practitioner for my services rendered.
    3. My Principal Company to whom I am rendering the services are registered under GST and they come under the perview of GST. In that case, how they can pay my payment and can they apply the reverse charge mechanism. Also clarify, is there any need for me to give a declaration and furnish my PAN number.
    Kindly clarify the above and please give us your valuable opinion.

    Regards
    Raghunath Debur
    Director
    For Sanketh and Company
    Chartered Accountants
    7406202817

  3. N G Nileshwar says:

    Are registered housing societies covered by GST?

  4. Kanchan some says:

    Please tell me Gst rate on construction of residential complex service

  5. Harish says:

    Rate of tax on services for point number 32 is not mentioned. Please check.

  6. V Nagarajan says:

    i am a consultant and charged earlier 15% service tax on monthly retainer fee. should i now charge the same percentage as GST?

  7. V Nagarajan says:

    i am a consultant to a fund which invested in India in commercial projects. Earlier i used to charge service tax at 15%. should I continue to charge the same rate under GST?

  8. T Sampath says:

    I am the manufacturer as small scale Entrepreneur
    When the buyer Places his truck, the material is loaded by our loading mazdoors.Is there any separate Service tax for loading. Secondly if I arrange a truck on behalf of the buyer who is to pay the Service tax

  9. T Sampath says:

    I am the manufacturer as small scale Entrepreneur
    When the buyer Places his truck, the material is loaded by our loading mazdoors.Is there any separate Service tax for loading. Secondly if I arrange a truck on behaly of the buyer who is to pay the Service tax

  10. Nitin Gupta says:

    HI, Thanks for your valuable updation and information which are very helpful for us.
    I have a query. My company is into leasing of space at Airport where we give the space to various brands for Shop.If we arrange to get the site ready by any contractor and getting such capex reimbursement from Brands, Under which SAC code, I would be liable to pay GST and at what rate.

  11. PURUSHOTTAM LATH says:

    Sir,

    I am wholeheartedly thankful to your whole team for providing correct information on tax related matters. I want to know is there any concessional rate of GST for supply of Goods to Railways against their Purchase Orders for their ow end use (2)Is it mandatory to give copy of Purchase Order with the GST Invoice to the Transporter?……..Thanks and Regards

  12. R jaiswal says:

    Will Renting of commercial property attract gst? At what rate and whether itc available ?

  13. brr says:

    service tax calculation for advt agency
    on total amt. or on commission amt. ??

  14. jbr says:

    service tax calculation for advertising agency ??
    on total amt. or on commission amt. ???

  15. Manish says:

    can an LIC agent (reciving LIC commission below 20 lacs) can opt for composition scheme for trading of goods

  16. Deepak Dang says:

    Informative & GIST. It can be improved by quoting section of previous Section of Service & other taxes with loss or benefit.

  17. ananth says:

    thanks for the efforts.
    regards

  18. Vijay Singh Negi says:

    Dear C.S. Ekta Maheshwari,
    I have read your article at taxguru.in for ready reckoner-GST Service rates and found it very useful and helping for my work.

    I have a query, how we will bifurcate Total GST rate into CGST rate and SGST rate i.e. for example if GST rate is 18%, how much CGST & SGST rate to be shown in invoice.
    Similarly in case of reverse charge what would be CGST rate and SGST rate.
    Regards

  19. Parag Shah says:

    Thanking You

  20. kaushik chauhan says:

    Thank you its is very useful for me and my party

  21. Shikha gupta says:

    Very helpful & handy for consulting clients who are service providers. Thanks for sharing

  22. A.K.Shekar says:

    Please give us with extract of the Act/Rules of GST
    treatment of GST for services rendered to SEZ units
    to which under current service tax regime upfront exemption is allowed (not payment and then refund) in ab initio basis on production of certain documents prescribed by latest Notification.
    2.also clarify whether we enjoy upfront exemption in the cases referred by you in your article.
    Everybody is spreading same information known to everybody and not the information everyone seeks to know.

  23. Amit Bhatia says:

    Hello mam,
    There is any composition rate in GST on air travel agent, rail travel agent, lottery distributor etc like service tax law.

  24. KASHYAP GANDHI says:

    Thanks for such an exhaustive article. Service of life insurance exempt means service provided by insurance company? What about commission paid to insurance agents if they get commission from life insurance and general insurance above Rs.20 Lakhs?

  25. paresh parekh says:

    Very useful and handy! Thank you for sharing.

  26. D Ravi says:

    Tku. Timely and it helps me give right advice to my clients

  27. Vijay Bafna says:

    what is rate for Professional services like doctor, lawyer, CA and so on

    Thanks in advance

Leave a Reply

Your email address will not be published. Required fields are marked *