SCHEDULE OF GST RATES FOR SERVICES AS APPROVED BY GST COUNCIL

SCHEDULE OF GST RATES FOR SERVICES AS APPROVED BY GST COUNCIL 1 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% as listed 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.

Serial no.	DESCREPTION OF SERVICE	GST RATES
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	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 non-taxable 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
5	Services of goods transport agency in relation to transportation of used household goods for personal use.	5% No ITC
6	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
7	Transport of passengers, by- (i) Air conditioned contract/stage carriage other than motor cab; (ii) a radio taxi.	5% No ITC
8	Transport of passengers by air in economy class	5% with ITC of input services
9	Renting of motor cab (If fuel cost is borne by the service recipient, then 18% GST will apply)	5% No ITC