Services under reverse charge as approved by GST Council - GST In India

Wednesday, 21 February 2018

Services under reverse charge as approved by GST Council

List of Services under reverse charge as approved by GST Council:
This Article covers list of services that will be charged under reverse charge as approved by the GST Council and Percentage of GST payable by service provider and any person other than service provider.
SERVICES UNDER REVERSE CHARGE AS APPROVED BY GST COUNCIL
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.


Sl. No.ServiceProvider of servicePercentage
of service
tax payable
by service provider
Recipient of ServicePercentage of
service tax
payable by any
person other
than the
service provider
1.Taxable services provided or agreed to be provided by any person who is located in a non-taxable territory and received by any person
located in the taxable territory other than non- assessee
online recipient (OIDAR)
Any person
who is located in a non-
taxable territory
NilAny person located in the taxable territory other than non-assessee online recipient
(Business Recipient)
100%
2. Services provided or agreed to be provided by a goods transport agency (GTA) in respect of transportation of goods by roadGoods Transport Agency (GTA) Nil (a) any factory registered under or governed by the Factories Act, 1948;(b) any society registered under the Societies Registration Act, 1860 or under any other law for the time being in force in any part of India;
(c) any co-operative society established by or under any law;
(d) any person registered under CGST/SGST/UTGST Act;
(e) any body corporate established, by or under any law; or
(f) any partnership firm whether registered or not under any law including association of persons.
(g) Casual taxable person
100% 
3.Services provided or agreed to be provided by an individual advocate or firm of advocates by way of legal services, directly or indirectlyAn individual advocate or firm of
advocates
NilAny business entity.100%
4.Services provided or agreed to be provided by an arbitral tribunalAn arbitral
tribunal
NilAny business entity.100%
5.Sponsorship servicesAny personNilAnybody corporate or
partnership firm.
100%
6.Services provided or agreed to be provided by Government or local authority excluding, ?(1) renting of immovable
property, and
(2) services specified below?
(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;
(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.
Government or local
authority
NilAny business entity.100%
8.Services provided or agreed to be provided by a director of a company or a body corporate to the said company or the body corporate;A director of a company or a body corporateNilA company or a body corporate.100%
9.Services provided or agreed to be provided by an insurance agent to any person carrying on insurance businessAn insurance agentNilAny person carrying on
insurance business.
100%
10.Services provided or agreed to be provided by a recovery agent to a banking company or a financial institution or a non- banking financial companyA recovery
agent
NilA banking company or a financial institution or a non-banking financial company.100%
11.Services by way of transportation of goods by a vessel from a place outside India up to the customs
station of clearance in India
A person located in
non-taxable territory to a person located in
non-taxable territory
NilImporter as defined under clause (26) of section 2 of the Customs Act, 1962.100%
17.Transfer 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 worksAuthor or
music composer, photographer, artist, etc
NILPublisher, Music company,
Producer
100%
18Radio taxi or Passenger Transport Services provided through electronic commerce operatorTaxi driver or Rent a cab operatorNilAny person100% by Electronic Commerce Operator

Download Chart of Services Under Reverse Charge as approved by GST

Download Chart of Services Under Reverse Charge as approved by GST, REVERSE CHARGE UNDER GST, LIST OF SERVICES UNDER REVERSE CHARGE AS PER GST, Reverse Charge- Know all the New Aspects under GST