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.
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Schedule of GST rates for services as approved by GST Council |
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The Goods and Services Tax (GST) is a Value Added Tax (VAT) to be implemented in India, the decision on which is pending.
It will replace all indirect taxes levied on goods and services by the Indian Central and State governments. It is aimed at being comprehensive for most goods and services.India is a federal republic, and the GST will thus be implemented concurrently by the central and state governmentsas the Central GST and the State GST respectively. Item wise GST Rate List
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