20 May, 2017

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5% GST ON RENTING OF CABS

5% GST ON RENTING OF CABS

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.




6.  
Renting of motorcab
(If fuel cost is borne by the service recipient, then 18% GST will apply) 
5% 
No ITC 
7.  
Transport of passengers, by-
(i) Air conditioned contract/stage carriage other than motorcab;
(ii) a radio taxi.
5% 
No ITC 

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