SERVICES UNDER REVERSE CHARGE AS APPROVED BY GST COUNCIL
GST
Dated:- 20-5-2017
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%. The list of services that will be under reverse charge as approved by the GST Council is given 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.
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\nOriginal proposed list
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\n Sl. No.
\nService
\nProvider of service
\nPercentage of service tax payable by service provider
\nRecipient of Service
\nPercentage of service tax payable by any person other t<\/p>\n
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For full text:-Visit the Source <\/a><\/p>\n
\n(g) Casual taxable person
\n100%
\n3.
\nServices provided or agreed to be provided by an individual advocate or firm of advocates by way of legal services, directly or indirectly
\nAn individual advocate or firm of advocates
\nNil
\nAny business entity.
\n100%
\n4.
\nServices provided or agreed to be provided by an arbitral tribunal
\nAn arbitral tribunal
\nNil
\nAny business entity.
\n100%
\n5.
\nSponsorship services
\nAny person
\nNil
\nAnybody corporate or partnership firm.
\n100%
\n6.
\nServices provided or agreed to be provided by Government or local authority excluding,-
\n(1) renting of immovable property, and
\n(2) services specified below-
\n(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;
\n(ii) services in relation to an aircraft or a vessel, inside or outside the precincts of a port or an airport;
\n(i<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\n
\nNil
\nImporter as defined under clause (26) of section 2 of the Customs Act, 1962.
\n100%
\n12.
\nTransfer 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
\nAuthor or music composer, photographer, artist, etc
\nNIL
\nPublisher, Music company, Producer
\n100%
\n13
\nRadio taxi or Passenger Transport Services provided through electronic commerce operator
\nTaxi driver or Rent a cab operator
\nNil
\nAny person
\n100% by Electronic Commerce Operator
\n=============
\nDocument 1
\nSERVICES UNDER REVERSE CHARGE AS APPROVED BY GST COUNCIL
\nThe fitment of rates of services were discussed on 19 May 2017 during the 14th GST Council meeting held at Srinagar, Jammu &
\nKashmir. The Council has broadly approved the GST rates for services at Nil, 5%, 12%, 18% and 28%. The list of services that will
\nbe under reverse charge as approved by the GST Council <\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nbe provided by a goods Transport
\ntransport agency (GTA) in Agency (GTA)
\nrespect
\nof transportation of
\ngoods by road
\nNil
\n1
\n(a) any factory registered under
\nor governed by the Factories
\nAct, 1948;
\n(b) any society registered under
\nthe Societies Registration Act,
\n1860 or under any other law
\nfor the time being in force in
\n100%
\nSERVICES UNDER REVERSE CHARGE AS APPROVED BY GST COUNCIL
\nPercentage
\nof service
\nPercentage of
\nservice tax
\npayable by any
\nS1.
\nNo.
\nProvider
\nService
\nof service
\ntax payable
\nby service
\nRecipient of Service
\nprovider
\nany part of India;
\n(c) any co-operative
\nsociety
\nestablished by or under any
\nlaw;
\n(d) any person registered under
\nCGST\/SGST\/UTGST Act;
\n(e) any body corporate
\nestablished, by or under any
\nlaw; or
\n(f) any partnership firm whether
\nregistered or not under any
\nlaw including association of
\npersons.
\n(g) Casual taxable person
\nperson other
\nthan the
\nservice provider
\n3.
\nServices provided or agreed to An individua<\/p>\n
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\nGovernment;
\nservices in relation to an
\naircraft or a vessel,
\ninside or outside the
\nprecincts of a port or an
\nairport;
\nGovernment
\nor
\nlocal
\nauthority
\nNil
\n3
\nAny business entity.
\n100%
\nSERVICES UNDER REVERSE CHARGE AS APPROVED BY GST COUNCIL
\nPercentage
\nof service
\nPercentage of
\nservice tax
\npayable by any
\nS1.
\nNo.
\nService
\n7.
\n8.
\n9.
\nProvider
\nof service
\ntax payable
\nby service
\nprovider
\nRecipient of Service
\nperson other
\nthan the
\nservice provider
\ntransport of goods or
\npassengers.
\nServices provided or agreed to
\nbe provided by a director of a
\ncompany or a body corporate
\nto the said company or the
\nbody corporate;
\nA director of a
\ncompany or a
\nbody
\ncorporate
\nNil
\nServices provided or agreed to An insurance
\nbe provided by an insurance agent
\non insurance business
\nagent to any person carrying
\nServices provided or agreed to A
\nbe provided by a recovery agent
\nagent to a banking company
\nor a financial institution or a
\nnon-banking
\nfinancial
\ncompany
\n10.<\/p>\n
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