This document provides information on tax rates under the Goods and Services Tax (GST) in India. It outlines the following key points: - Services taxed at 5% include certain food items, job works, transport services, with full input tax credit allowed. - Services taxed at 12% and 18% include air transport, construction, renting of guest houses, temporary transfer of IP rights, banking, insurance, software. - Services taxed at 28% include cinema halls, water parks, sporting events, gambling. - Exempt supplies include those taxed at nil rate, wholly or partially exempt, and non-taxable supplies. - Zero-rated supplies are exports

1. GST
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2. List of taxable services- 5%
• With full ITC
• Counter sale of food items
• Food and drinks in other
restaurants
• Job work of printing of news
papers and books, textile
items including garments,
diamonds, precious stones,
jewalry, handicrafts, food
items
• Leasing of aircraft
• Transport of goods by rail and
vessel
• Transport of passengers
• Without ITC
• Goods transport by road
• Restaurants having turnover
less than Rs.100/75 lakhs, they
can opt for composition
scheme
• Sale of space for
advertisement in print media
• Service of tour operator

3. GST on 12% and 18%
• All with full ITC – 12%
• Air transport of passengers
• Construction of complex intended for sale
• Job work of printing of news paper, books
and periodicals with own paper
• Renting of guest houses:
• Less than 1000- nil
• 1000-2500 – 12%
• 2500-5000 -18%
• 5000 per day- 28%
• Temporary transfer of IPR services except
software- 12%
• GST at 18%
• Air travel agents – 18% on commission
earned from airlines and also service
charges, handling charges from customers
• Admission to circus, classical dance, theater
and award functions ( charges above 250
rupees)
• Banking and insurance services, courier and
postal service, gas and water distribution
service, legal accounting service,
telecommunication service, R&D services,
software
• Food and drinks in restaurents attached to
hotel – tariff more than 7500 -18%
• Outdoor catering services
• Supply of fuel by recipient of service
• Software services
• Works contract of immovable property

4. GST on 28%
• Cinema hall, water parks, sporting events
• Gambling, betting and racing

5. Exempt supply
• As per section 2(47) of
CGST, exempt supply
means supply of goods
and services or both
which attracts nil rate of
tax and wholly
exempted under sec 11
or section 6 including
non- taxable supply.
• Exempt supplies
includes 3 types of
supplies:
• Supplies taxable at nil
rate
• Wholly or partially
exempted from CGST or
IGST
• Non taxable supplies

6. Zero rated supply under GST
• Zero rated supply in IGST
is being introduced
through chapter 8.
• Those items are taxable
under GST but the rate of
tax is nil
• Concepts are covered
under section 16 of the
IGST act.
• Exports of goods
• Supply of goods or
services to SEZ develper
or unit
• Registered person can
claim under two
circumstances:
• Section 48, he can export
goods or services and
claim refund

7. Input tax credit on zero rated supply
• Input tax credit is available for zero rated supplies.
• Export without payment of duty and supply to SEZ
considered as zero rated supply

8. EOU- zero rated supply
• EOU are not covered
under zero rated
supplies
• They are treated like
other physical export
and benefits of refund
of accumulated was
extended
• Clearance of refund of
tax is available to EOU if
it’