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GST Rates for Leasing /Rental ,Legal & Professional, Tour Operator


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Sl No.

Chapter, Section         or Heading

                Description of Service

Rate (per cent.)

Condition

(1)

(2)

(3)

(4)

(5)

16

Heading 9972

Real estate services.

9%

-

17

Heading 9973 (Leasing        or rental  services, with or without operator)

(i)   Temporary   or   permanent   transfer   or permitting     the     use     or     enjoyment     of Intellectual  Property  (IP)  right  in  respect  of goods   other   than   Information   Technology software.

6%

-

(ii)   Temporary   or   permanent   transfer   or permitting     the     use     or     enjoyment     of Intellectual  Property  (IP)  right  in  respect  of Information Technology software.
[Please refer to Explanation no. (v)]

9%

-

(iii) Transfer of the right to use any goods for any  purpose  (whether  or  not  for  a  specified period)  for  cash,  deferred  payment  or  other valuable consideration.

Same rate of central tax as on supply of like goods involving transfer of title in goods

-

(iv)  Any  transfer  of  right  in  goods  or  of undivided share in goods without the transfer of title thereof.

Same rate of central tax as on supply of like goods involving transfer of title in goods

-

(v)  Leasing  of  aircrafts  by  an  operator  for operating  scheduled  air  transport  service  or scheduled   air   cargo   service   by   way   of transaction covered by clause (f) paragraph 5 of  Schedule  II  of  the  Central  Goods  and Services Act, 2017.
Explanation.-
(a)  “operator”  means  a  person,  organization or enterprise engaged in or offering to engage in aircraft operations;
(b)  “scheduled  air  transport  service”  means an  air  transport  service  undertaken  between the   same   two   or   more   places   operated according  to  a  published  time  table  or  with flights   so   regular   or   frequent   that   they constitute  a  recognisable  systematic  series, each flight being open to use by members of the public;
(c)  “scheduled  air  cargo  service”  means  air transportation of cargo or mail on a scheduled basis  according  to  a  published  time  table  or with  flights  so  regular  or  frequent  that  they constitute  a  recognisably  systematic  series, not open to use by passengers.

2.5%

Provided         that credit of input tax charged  on  goods used  in supplying the service has not been taken
[Please    refer    to
Explanation     no. iv ]

(vi)   Leasing   or   rental   services,   with   or without operator, other than (i), (ii), (iii), (iv) and (v) above.

Same rate of central tax as applicable on supply of like goods involving transfer of title in goods

-

18

Section 8

Business and Production Services

 

 

19

Heading  9981

Research and development services.

9%

-

20

Heading  9982

Legal and accounting services.

9%

-

21

Heading  9983

(Other professional, technical     and business services)

(i) Selling of space for advertisement in print media.

2.5%

-

(ii) Other professional, technical and business services other than (i) above.

9%

-

22

Heading  9984

Telecommunications,       broadcasting      and information supply services.

9

-

23

Heading  9985 (Support services)

(i) Supply of tour operators services. Explanation.-    "tour   operator"   means   any person  engaged  in  the  business  of  planning, scheduling,     organizing,     arranging     tours (which    may    include    arrangements    for accommodation,  sightseeing  or  other  similar services)   by   any   mode   of   transport,   and includes  any person  engaged  in  the  business of operating tours.

2.5%

1.   Provided   that credit of input tax charged  on  goods and  services  used in   supplying   the service    has    not been taken
[Please    refer    to Explanation     no. (iv)]
2.  The  bill  issued for  supply  of  this

 

 

 

 

service    indicates that  it  is  inclusive of      charges      of accommodation and  transportation required  for  such a    tour    and    the amount charged in the    bill    is    the gross          amount charged for such a tour  including  the charges              of accommodation and  transportation required  for  such a tour.

(ii) Support services other than (i) above

9%

-