GST Rate for Printing Services of Newspapers and Books Reduced from 18% to 5% with Full ITC Benefit.
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GST
Changes in GST – Services by way of printing of newspapers, books (including Brai
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GST Reduced to Nil on Commission for Fair Price Shop Dealers by Government; Previously 18% with ITC Benefits.
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GST
Changes in GST – Margin/commission payable to Fair Price Shop Dealers by
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GST Rate for Planetarium Admission Cut from 28% to 18% with Full Input Tax Credit.
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GST
Changes in GST – Admission to planetarium – GST rates reduced from 28% with full ITC to 18% with fu
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New GST Option for Rent-a-Cab Services: Choose 12% with Full ITC or Stick with 5% Without ITC.
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GST
Changes in GST – Rent-a-cab service – Allowed option of 12% GST with full ITC. – 5% GST
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GTAs can opt for 12% GST with full ITC or stick with 5% GST without ITC; declare annually.
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GST
Changes in GST – Goods Transport Agency Service (GTA) – Allowed option of 12% GST with full
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GST Shifted to E-Commerce Platforms for Small Housekeeping Services Like Plumbing and Carpentry.
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GST
Changes in GST – In case of small house-keeping service providers (plumbers/carpenter
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Partnership Firms and LLPs Now Recognized for GST Levy on Legal Services: New Exemptions Possible.
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GST
Changes in GST – Partnership firm or a firm includes LLP ( Limited liability Partne
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Reverse Charge Mechanism Applies to Legal Services by Advocates to Business Entities in Taxable Territories.
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GST
Changes in GST – To clarify that legal services (including representation
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FIFA U17 World Cup 2017 in India: GST Exemption for Goods and Services Related to FIFA and Its Subsidiaries.
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GST
Changes in GST – Goods required by FIFA and Services provided by and to F
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New Crop Insurance Schemes PMFBY and RWCIS Replace Old Models, Exempt from GST Since Kharif 2016-17.
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GST
Changes in GST – New crop insurance schemes Pradhan Mantri Fasal Bima Yojana (PMFBY) introduced from Kharif 201617 in place of National Agricultural Insurance Scheme (NAIS) and Modified National Agricultural Insurance Scheme (MNAIS), and Restructured Weather Based Crop Insurance Scheme (RWCIS) introduced in place of Weather Based Crop Insurance Schemes , shall be extended exempt
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Changes in GST – Decisions taken on Services at 20th GST Council Meeting on 5 August, 2017
GST
Dated:- 6-8-2017
Decisions taken on Services at 20th GST Council Meeting on 5 August, 2017
=============
Document 1
Decisions taken in 20th GST Council Meeting
Decisions taken on Services at 20th GST Council Meeting on 5 August, 2017
5 August 2017
S. No.
Description of service
From
Το
1.
Job work services in respect of the textiles and textile products (including 18%/5%
MMF yarn, garments, made-ups, etc. falling in Chapters 50 to 63)
5%
2
Services by way of printing of newspapers, books (including Braille books), 18% with full 12% with full
journals and periodicals where only content is supplied by the publisher a
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gency Service (GTA)
ITC
28% with full 18% with full
ITC
ITC
Allowed option of 12% GST
with full ITC. 5% GST with no
ITC will also continue
Allowed option of 12% GST
with full ITC under forward
charge. 5% GST with no ITC
will also continue. (However,
the GTA has to give an option at
1
Decisions taken in 20th GST Council Meeting
9
10
11
12
13
5 August 2017
the beginning of financial year)
In case of small house-keeping service providers (plumbers/carpenters) providing services through Electronic
Commerce Operators (ECO), liability to pay GST placed on ECO
Partnership firm or a firm includes LLP ( Limited liability Partnership) for the purposes of levy (including
exemption therefrom) of GST on legal services.
To clari
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GST on Dr. Note to Contractors of Canteen facility provided to his workers
Query (Issue) Started By: – Sanjeev Jha Dated:- 6-8-2017 Last Reply Date:- 6-8-2017 Goods and Services Tax – GST
Got 2 Replies
GST
We have canteen facility for staff & workers. Contract workers are availing canteen facility and charges Debit to the contractor. Please guide, whether GST applicable in such type of Dr. note ?
Reply By KASTURI SETHI:
The Reply:
Charges debit to contractor is consideration. GST
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Service tax on Work Contrat services
Query (Issue) Started By: – N Balachandran Dated:- 6-8-2017 Last Reply Date:- 9-8-2017 Goods and Services Tax – GST
Got 4 Replies
GST
Dear sir,
Can u please clarify the contract for supply of pipes and laying for water supply project to TWAD & CMWSSB will attract GST @ 12% or !8%. if it is GST @ 12%, can we claim the refund of Excess Credit available ( Un utilised credit ) in this project. What is rate of GST applicable to Sub contractors who has been engaged for this project.
As per recent decisions taken at 20th GST Council meeting held on 5th August 2017.
Description of service
From
To
Works contract services provided to Government, local authority or governmental authority and in
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gst on job work related to textiles
Query (Issue) Started By: – pawan agrawal Dated:- 6-8-2017 Last Reply Date:- 7-8-2017 Goods and Services Tax – GST
Got 5 Replies
GST
On 5th aug council meeting GSt reduced from 18% to 5% on Textiles job work related to man made yarn. I want to know whether GST RATE IS NOW 5% ON DYEING JOB OF MAN MADE YARN earlier it was 18%.
AND what will be GST rate ON PACKING AND CHECKING JOB, CLIPPING JOB WORK ON TEXTILES. because these job mostly used labour to do work.
Reply By HimansuSekhar Sha:
The Reply:
Let us for the notification
Reply By KASTURI SETHI:
The Reply:
Job work of all kinds of textile is covered.
Reply By KASTURI SETHI:
The Reply:
My reply amended. Pl. read all kind of job work to
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GST on audit fees
Query (Issue) Started By: – pawan agrawal Dated:- 5-8-2017 Last Reply Date:- 6-8-2017 Goods and Services Tax – GST
Got 6 Replies
GST
if we are doing tax audit of account of 2016-17 in aug 2017. can we give bill of audit after charging gst on audit bill. if yes then how will client show gst on audit fees in his account. Because audit provision has to be made in march 2017 balance sheet. then can he made audit provision with gst in march 2017 balance sheet. will he received input credit of GST on audit bill and how…
Reply By HimansuSekhar Sha:
The Reply:
You will give gst bill as the provision of service is during the gst period. They will take the credit .
Reply By HimansuSekhar Sha:
The Reply:
You will u
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the bill for audit is raised after introduction of GST then you have to charge GST only.
According to Section 13 (2) of CGST Act, 2017 "the time of supply of services shall be the earliest of the following dates, namely:-
(a) the date of issue of invoice by the supplier, if the invoice is issued within the period prescribed under sub-section (2) of section 31 or the date of receipt of payment, whichever is earlier; or
(b) the date of provision of service, if the invoice is not issued within the period prescribed under sub-section (2) of section 31 or the date of receipt of payment, whichever is earlier; or
(c) the date on which the recipient shows the receipt of services in his books of account, in a case where the provisions of
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Service Apartment Rates
Query (Issue) Started By: – Kannan A Dated:- 5-8-2017 Last Reply Date:- 7-8-2017 Goods and Services Tax – GST
Got 9 Replies
GST
GST rate for room rate ₹ 1000 to 2500 is 12%. In the service apartments like 2 bhk apartment we provide at rate ₹ 1500 per day which ₹ 750 per room . Does GST would be applicable for it ?
Some time we also provide 2 bhk for ₹ 2000 per day which is ₹ 1000 per room which is under GST.
Please clarify.
Reply By HimansuSekhar Sha:
The Reply:
Please specify whether it is renting for residential purpose or otherwise. The former does not attract gst.
Reply By HimansuSekhar Sha:
The Reply:
If commercial it attracts gst.
Reply By Rohit Sharma:
The Repl
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ganathan:
The Reply:
Sir,
Do you rent the two rooms to different individual? in such a case there will be no GST since the rent collected from two different individuals is less than ₹ 1000/-. However if you rent it out to a family then you have to pay gst since the rent charged is ₹ 1000/-. This is true in the case of rent is on daily basis. If the rent is charged on monthly basis for a family then gst is exempted since the service provided is renting residential premises which is not chargeable to gst.
Reply By Kannan A:
The Reply:
Thank you Sir for the response.
1. 2 BHK apartment is rented to one family only . Most of the times family stay for one month to 6 months depends on their need. I don't put rental agreement
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Sheep and goat meat, including mutton leg, exempt from GST if under heading 0204 and not frozen or packaged.
News
GST
GST Rates – HSN Code – Meat of sheep or goats (including mutton leg), fre
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Frozen Sheep or Goat Meat Packaged Under HSN 0204 Subject to 12% GST Rate.
News
GST
GST Rates – HSN Code – However, meat of sheep or goats (including mutton leg), frozen and put up in unit co
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Instant Coffee Taxed at 28% Under HSN Heading 2101 in GST Classification.
News
GST
GST Rates – HSN Code – Instant Coffee falls under heading 2101 and attracts 28% GST.
TMI Updates – Highl
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GST on Sausages and Meat Products Set at 12% Under HSN Code 1601.
News
GST
GST Rates – HSN Code – Sausages and similar products, of meat, meat offal or blood; food preparations based on these
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28% GST on All Biris: Handmade Face Re 1 NCCD, Machine-Made Charged Rs. 2 Per Thousand.
News
GST
GST Rates – HSN Code – Hand Made Branded Biri – All biris attract 28% GST – In addition, handm
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Zero GST on Fresh or Chilled Sugarcane Procured by Sugar Mills under Heading 1212.
News
GST
GST Rates – HSN Code – sugarcane procured by the sugar mills which is generally fresh and procured
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Registered Buyers Must Pay GST on Raw Cotton from Farmers via Reverse Charge Basis.
News
GST
GST Rates – HSN Code – GST on Procurement of raw cotton – Where the supply of raw Cotton is by an
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Electric Accumulators, Including Separators, Classified Under Heading 8507, Subject to 28% GST Rate.
News
GST
GST Rates – HSN Code – Electric accumulators, including separators therefor, whet
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Sterilisation Pouches Classified Under Heading 3005 with 12% GST, Differ from Aseptic Packaging Paper Classification.
News
GST
GST Rates – HSN Code – Sterilisation pouches are different than
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