Certain goods are kept under nil or 0% GST rate to benefit the masses. The following infographic will tell you what items are exemptions under GST.
Other special cases-
Supply to Canteen Stores Department (CSD) (Owned by Ministry of Defence)= CSD will enjoy 50% concession on applicable GST (no concession on Compensation Cess) paid on the notified goods or services or both received by them.
Sales by CSD to Unit Run Canteens/final consumer and sales by Unit Run Canteens to final consumer are exempted from GST
An entire list of GST rates on goods declared on 18th May 2017 and on 3rd June 2017 is available on CBEC website. The following table includes all the above information:
Services 0% Services by Government or a local authority excluding the following services—
(i) Post office -speed post, express parcel post, life insurance, and agency services provided to a person other than Government;
(ii) services in relation to an aircraft or a vessel, inside or outside the precincts of a port or an airport;
(iii) transport of goods or passengers; or
(iv) any service, other than services covered under clauses (i) to (iii) above, provided to business entities.
Foreign diplomatic mission located in India
Cultivation of plants and rearing of all animals, except the rearing of horses
Access to a road or a bridge on payment of toll charges
Transmission or distribution of electricity by an electricity transmission or distribution utility
Renting of residence building for use as residence Transportation of goods
(i) by road except the services of—
(A) a goods transportation agency; or
(B) a courier agency;
(ii) by inland waterways;
Services of an arbitral tribunal to
(i) any person ( not a business)
(ii) a business entity with turnover below GST threshold (Rs. 20 lakhs. Rs.10 Lakhs for special states) in the preceding financial year
A partnership firm or an individual advocate (not a senior advocate), giving legal services to-
(i) another partnership firm or an individual advocate providing legal services
(ii) any person (not a business)
(ii) a business entity with turnover below GST threshold (Rs. 20 lakhs. Rs.10 Lakhs for special states) in the preceding financial year GST does not apply to a senior advocate who provides legal services to-
(i) any person
(ii) a business entity
Education (pre-school to high secondary) including-
(i) transportation of students, teachers and staff;
(ii) mid-day meals and other catering
(iii) security and house-keeping services performed in schools
(iv) admission to, or conduct of examination by, such institution upto higher secondary.
Performance in folk or classical
(i) music, or (ii)dance, or (iii)theatre, if the consideration charged is less than Rs. 1,50,000
No exemption if the artist is giving services as a brand ambassador
Independent journalist, Press Trust of India or United News of India collecting or providing news
Hiring out to-
State transport- A vehicle to carry more than 12 passengers (bus)
Goods transport agency, to transport goods (truck) transportation of goods
Transport of passengers, by –
(a) air, embarking from or terminating in an airport located in the state of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, or Tripura or at Bagdogra located in West Bengal;
(b) Non AC contract carriage other than radio taxi, for transportation of passengers, excluding tourism, conducted tour, charter or hire (Kolkata to Joka jeeps)
(c) Non Ac horse carriage
Health care services by a clinical establishment, a doctor or para-medics
Services provided by the (GSTN) to the Goverenemt (Centre or State)
Services by a person by way of-
(a) conduct of any religious ceremony;
(b) renting of precincts of a religious place
Renting of rooms with charges less than Rs. 1,000 per day Transport of following goods in goods carriage-
(a) agricultural produce;
(b) goods, where gross amount charged is less than Rs. 1,500
(c) goods, where gross amount charged for all goods for a single consignee is less than Rs. 750
(d) milk, salt and food grain, newspapers
Loading unloading, packing, storage or warehousing of rice Admission to, –
(i) circus, dance, or theatrical performance including drama or ballet;
(ii) award function, concert, pageant, musical performance or any sporting event other than a recognized sporting event
(iii) recognized sporting event where admission price is less than Rs 250 per person
There are a variety of motifs which are coming up, and also the outdoors of this market determines over second 12-18 many weeks, shows Ravi Dharamshi, CIO, ValueQuest Funding Consultants (Market Makers). They spoke to help ETNow's Nikunj Dalmia.
Per all the MoU, all the Health Dept and even SLF would interact with each other to better damage attention systems. That SLF, be subject to availability of financial resources, would even support the Health Dept as a result of financing some interventions with damage care.
Greater Noida: Three medical students driving home from Agra were injured after their Hyundai Verna swerved off the Yamuna Expressway following a tyre burst and nosedived 25ft below in Dankaur area on Wednesday night.
As cost of diesel-powered raised Rs 1.30 the latest litre; light security involved with e-way monthly bill internet transportation system cross structure started; valuables tools via benefits, vehicles, items, common collections with body business avenues surged 10%, end user having to pay was missing all the way up noticeably significant thus received usage during metros, tier-I as well as -II cities.
These Superior Legally speaking associated with Kerala features performed in which practical mistakes inside adding Area P associated with E-Way Monthly bill may not be a good place pertaining to setting up besides penalization and even detention within CGST Act.
That may the goods and services tax (GST) is a recreation auto-changer to the basic economy is perhaps some of the most marketed offer with the new tax regime within the run-up to help it is implementation. Rrt had been desired of which lesser reliable taxation's, along with expanded complying, would definitely increase the speed of formalization, and arranged businesses would definitely gain distribute and tax collections would definitely surge.
A good critical visitors entangle has been created relating to the Mumbai -Pune Expressway out of 2am on the subject of The following thursday when any oil and gas release on a tanker in the vicinity of Amrutanjan fill in the vicinity of Lonavala.
Law enforcement articulate it's enactment will result in a great deal more accidents on the road The actual Maharashtra Status Streets Progress Firm (MSRDC) includes in contrast Centre's final choice to help improve speed restrictions for new or used vehicles on country's roadways as well as expressways. The actual moving human body affirms more significant speed limit will certainly add to the expanding wide variety of accidents relating to the Mumbai-Pune Expressway.
This unique is the word for ‘1 year concerning, GST is further along with improving'(August 13). There's no question which usually the GST Council is beyond accommodative towards up and coming wants of your world along with corporates during the last a single year. Sending healthful napkin in zero GST, towards minimising tax concerning several items to giving 20 per-cent procuring women paying GST through RuPay and also BHIM. Absolutely, quite a lot of her actions is often totally termed as populist merchandise online we have the latest place exactly where politics is hazardously when combined economics.
“To persuade folks to give up tobacco, it must possibly be easy on the pocket,” the person said. Gurus in addition tell you there is a rising pattern of folks paying for over-the-counter gum to give up tobacco.