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Decisions taken on services at 20th GST Council meeting 5 August, 2017: EximGuru.com




Decisions taken on Services – 20th GST Council Meeting 5th August, 2017

The rates of some services were discussed in the 20th GST Council meeting held on 5th August 2017. The Council has broadly approved thefollowing rates. The information is being uploaded immediately after the GST Council’s decision and it will be subject to further vetting duringwhich the list may undergo some changes. The decisions of the GST Council are being communicated for general information and will be giveneffect to through gazette notifications which shall have force of law.

S. No. Description of service From To
1 Job work services in respect of the textiles and textile products (including MMF yarn, garments, made-ups, etc. falling in Chapters 50 to 63) 18%/5% 5%
2 Services by way of printing of newspapers, books (including Braille books), journals and periodicals where only content is supplied by the publisher and the physical inputs including paper used for printing belongs to the printer 18% with full ITC 12% with full ITC 
3 Services by way of printing of newspapers, books (including Braille books), journals and periodicals using physical inputs owned by others (including an unregistered publisher/supplier) 18% with full ITC 5% with full ITC
4 Works contract services provided to Government, local authority or governmental authority and in respect of post-harvest storage infrastructure for agricultural produce, mechanized food grain handling system 18% with full ITC 12% with full ITC
5 Margin/commission payable to Fair Price Shop Dealers by Central/ State Governments 18% with full ITC Nil
6 Admission to planetarium 28% with full ITC 18% with full ITC
7 Rent-a-cab service Allowed option of 12% GST with full ITC. 5% GST with no ITC will also continue
8 Goods Transport Agency Service (GTA) Allowed option of 12% GST with full ITC under forward charge. 5% GST with no ITC will also continue. (However, the GTA has to give an option at the beginning of financial year)
9 In case of small house-keeping service providers (plumbers/carpenters) providing services through Electronic Commerce Operators (ECO), liability to pay GST placed on ECO
10 Partnership firm or a firm includes LLP ( Limited liability Partnership) for the purposes of levy (including exemption therefrom) of GST on legal services.
11 To clarify that legal services (including representational services) provided by an individual advocate or a senior advocate or a firm of advocates (including LLP) provided to a business entity in taxable territory are covered under reverse charge mechanism
12 Goods required by FIFA and Services provided by and to FIFA and its subsidiaries in connection with FIFA U- 17 World Cup to be hosted in India in 2017 shall be exempted from GST
13 New crop insurance schemes Pradhan Mantri Fasal Bima Yojana (PMFBY) introduced from Kharif 2016- 17 in place of National Agricultural Insurance Scheme (NAIS) and Modified National Agricultural Insurance Scheme (MNAIS), and Restructured Weather Based Crop Insurance Scheme (RWCIS) introduced in place of Weather Based Crop Insurance Schemes , shall be extended exemption from GST.



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What is New?

Date: 18-08-2017
Notification No. 73/2017-Customs
Seeks to further amend notification no. 60/2011-customs dated 14th july 2011 to give effect to renewed MoU on India-Bangladesh border haats.

Date: 18-08-2017
Notification No. 38/2017-Customs (ADD)
Seeks to impose anti-dumping duty on " TexturedToughened (Tempered) Glass ", originating in or exported from China PR

Date: 17-08-2017
Notification No. 81/2017 - Customs (N.T.)
Notification No.81/2017-Customs (N.T.) dated 17th August, 2017 [Effective from 18th August, 2017]

Date: 17-08-2017
Notification No. 79/2017 - Customs (N.T.)
Amendment in Notification no. 131/2016-Customs (N.T.) dated 31.10.2016 relating to AIRs of Duty Drawback on Gold Jewellery, Silver Jewellery and Silver Articles

Date: 16-08-2017
Circular No. 1058/07/2017-CX
Clarification on requirement of submitting Bank certificate evidencing receipt of payment in freely convertible currency under Notification No. 45/2001-CE (NT) dated 26.06.2001 for export to Bhutan for specified Hydroelectric Projects.

Date: 16-08-2017
Notification No. 72/2017-Customs
Seeks to supersede Notification No. 27/2002- Customs dated 1st March, 2002 and to provide exemption to temporary import of goods from Customs duty leviable under First Schedule to the Customs Tariff Act, 1975 and from the whole of the integrated tax leviable under sub-section (7) of section 3 of the Customs Tariff Act, 1975 subject to specified conditions.

Date: 14-08-2017
Notification No. 20/2015-2020
Supply of essential commodities to the Republic of Maldives during 2017-18

Date: 14-08-2017
Notification No.21/2015-2020
Amendment in Para 4.32(i) of chapter 4 and in para 6.01 (a) of chapter 6 of the Foreign Trade Policy 2015-20

Date: 14-08-2017
Notification No. 78/2017 - Customs (N.T.)
Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver- Reg.

Date: 11-08-2017
Notification No. 9/2017-Customs (N.T./CAA/DRI)
Appointment of Common Adjudicating Authority by DGRI