GST Rates Fastlegal

Normally most of the services under GST is Covered under GST rate of 18% but there are some services where GST Rate are fixed at NIL rate , 5% 12% and 28% also.

In 5% Services of Transport Agency and selling of space for  Advertisement in Print Media are included-

List of all Services at 5% GST Rate : 

  1. Transport of passengers by rail in first class or air conditioned coaches with Input Tax Credit of Services.
  2. Transport of passengers, by-
    • (a) air conditioned contract carriage other than motorcab;
    • (b) air conditioned stage carriage;
    • (c) radio taxi – With No Input Tax Credit 
  3. Transport of Passengers by air in economy class with Input Tax credit of Input Services
  4. Transport of passengers, by air, embarking from or terminating in a Regional Connectivity Scheme Airport with Input Tax credit of Input Services. 
  5. Renting of motorcab where the cost of fuel is included in the consideration charged from the service recipient without ITC.
  6. Transport of goods by rail with Input Tax credit of Input Services. 
  7. Transport of goods in a vessel with Input Tax credit of Input Services. 
  8. Services of goods transport agency (GTA) in relation to transportation of goods [including used household goods for personal use] without ITC.
  9. Leasing of aircrafts by a scheduled airlines for scheduled operations with Input Tax credit of Input Services. 
  10. Selling of space for advertisement in print media.
  11. Supply of tour operators services  without ITC.
  12. Services by way of job work in relation to-
    • (a) Printing of newspapers;
    • (b) Textile yarns (other than of man-made fibres) and textile fabrics;
    • (c) Cut and polished diamonds; precious and semi-precious stones; or plain and studded jewellery of gold and other precious metals, falling under Chapter of HSN;
    • (d) Printing of books (including Braille books), journals and periodicals;
    • (e) Processing of hides, skins and leather falling under Chapter 41 of HSN.