GST tariff for Auction services

 

GST applicable on Auction services

The details about GST rate changes for sale of Auction services are being updated here.  The notification changes on exemptions for GST for sale of Auction services and other circulars related to GST for Auction services are updated in this website.

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GST tariff for Auction services"Auction of Property" includes calling the auction or providing a facility, advertising or illustrating services, pre-auction price estimates, short-term storage services, repair or restoration services in relation to auction of property.

Goods and Service Tax (GST) rate tariff in India is in 6 categories of goods and services.  Four main GST rate slabs framed with Essential goods and services, Standard goods and services and luxury goods and services with 5%, 12%, 18% and 28% respectively.  Commonly used Goods and Services at 5%, Standard Goods and Services fall under 1st slab at 12%, Standard Goods and Services fall under 2nd Slab at 18% and Special category of Goods and Services including luxury - 28%.   The most essential goods and services attract nil rate of GST under Exempted Categories.     Luxury goods and services and certain specific goods and services   attract additional cess than 28% GST.

Some of the categories under auction service is being exempted from GST in India.  Read list of exemption categories of GST to know more.

The information about GST rate changes for sale of Auction service is being updated here.  The notification changes on exemptions for GST for sale of Auction services and other circulars related to GST for Auction services are updated here soon.

If you would like to add more information about GST rate for auction services or impact of GST on auction service, share below your thoughts:

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Zero percentage GST on sale of Human hair

Reduced GST on Bones and horn cores business

Nil rate of GST on sale of Bones and horn cores

No need pays GST on sale of hoof meal

Zero rate of GST on sale of bone grist

No need to pay GST on sale of bone meal

Zero percentage of GST on sale of horn meal

Zero percentage GST on purchase of Semen

Nil rate on sale of frozen semen

Zero rate of GST on sale of tuberous roots

No GST on sale of rhizomes

Zero rate of GST on sale of plant Tubers

Nil rate tariff of GST on Plant Bulbs

No need to pay GST on crowns

No need to pay GST on sale of corms

No GST on sale of chicory plants and roots

Zero rate of GST on sale of flower buds suitable for bouquets

GST slab rate on Auction services by individual

GST expenses on Auction Facility providers

Slab GST on Auction illustrating services

Tax of GST on Pre-auction price estimating services

Rate of GST slab on Property Auction short term storage services

GST slab on Property Auction repair or Auction restoration services


Comments


VIkram thalor: Sir tell me gst rate on auction of clothing items tentage defense store batteries vehicle tyre and other misc store of iron and plastic material

Asim Singh: It is requested to clarify what is the rate of tax on the sales old goverment vehicles ( confiscated vehicles by the Government Department) under GST Act.

Renjith C S: Sir, Please provide information regarding, whether used vehicle auction amount by Kerala state Govt. attracts GST. regards Renjith

rameshraj: It is requested to clarify what is the rate of tax on the sales old goverment vehicles ( confiscated vehicles and scrapped vehicles by the Government Department) under GST Act

rajesh arora: I have bought used vehicles (bikes) in e-auction from Delhi Cantt. Pls suggest how much GST have to be paid?

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