SCHEDULE OF GST RATES FOR SERVICES AS APPROVED BY GST COUNCIL

SCHEDULE OF GST RATES FOR SERVICES AS APPROVED BY GST COUNCIL

Serial no.	DESCREPTION OF SERVICE	GST RATES
1	Services by way of job work in relation to printing of newspapers;	5% With Full ITC
2	Selling of space for advertisement in print media	5% With Full ITC
3	Leasing of aircrafts under Schedule II [5 (f)] by a scheduled airlines for scheduled operations	5% with ITC of input services
4	Supply of tour operators’ services	5% No ITC
5	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
6	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
7	Services provided by foreman of chit fund in relation to chit	12%with ITC of input services
8	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
9	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
10.	Transport of passengers by air in other than economy class	12% With Full ITC
11.	Transport of goods in containers by rail by any person other than Indian Railways	12% With Full ITC

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

GST RATE SCHEDULE FOR GOODS -As per the GST Council Meeting held on 18th May, 2017

The fitment of rates of goods were discussed today during the 14th GST Council meeting held at Srinagar, Jammu & Kashmir. The Council has broadly approved the GST rates for goods at nil rate, 5%, 12%, 18% and 28% to be levied on certain goods. 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.GST rates for certain goods like textile, footwear, biris, precious metals, etc. are yet to be decided by the GST Council. The footnote below the table gives the list of such goods.

01. Live animals

a) NIL for All goods other than live horses [0101 Live asses, mules and hinnies 0102 Live bovine animals 0103 Live swine 0104 Live sheep and goats 0105 Live poultry, that is to say, fowls of the species Gallus domesticus, ducks, geese, turkeys and guinea fowls. 0106 Other live animal such as Mammals, birds, Insects] ---- NIL

b) 12% for Live horses [01012100,010129]

02 ) Meat and edible meat offal

a) NIL for All goods other than in frozen state  and put up in unit containers. [0201 Meat of bovine animals, fresh and chilled. 0203 Meat of swine, fresh or chilled. 0204 Meat of sheep or goats, fresh or chilled. 0205 Meat of horses, asses, mules or hinnies, fresh or chilled. 0206 Edible offal of bovine animals, swine, sheep, goats, horses, asses, mules or hinnies, fresh or chilled. 0207 Meat and edible offal, of the poultry of heading.

b) 12% for All goods in frozen state and put up in unit containers [0202, 0203, 0204, 0205, 0206, 0207, 0208, 0209] 2. Pig fat, free of lean meat, and poultry fat, not rendered or otherwise extracted, salted, in brine, dried or smoked put up in unit containers [0209] 3. Meat and edible meat offal, salted, in brine, dried or smoked; edible flours and meals of meat or meat offal put up in unit containers [0210]