GST rates on supply of services under chapter 99

 

The details about GST rates on supply of services under chapter 99 are explained below as per Notification No. 2/2017- Compensation Cess (Rate).

The extract of Notification No. 2/2017- Compensation Cess (Rate) is furnished below:

[TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]

Government of India

Ministry of Finance

(Department of Revenue)

Notification No. 2/2017- Compensation Cess (Rate)

New Delhi, the 28th June, 2017

G.S.R......(E).- In exercise of the powers conferred by sub-section (1) and sub-section (2) of section 8 of the Goods and Services Tax (Compensation to States) Act, 2017 (15 of 2017), the Central Government, on the recommendations of the Council, hereby notifies, that the cess, on the supply of services of description specified in column (2) of the Table below and falling in

Chapter,

Section, Heading or Group specified in column (3) of the said Table, shall be levied at

 

the rate specified in the corresponding entry in column (4) of the said Table.

 

 

 

 

 

 

Table

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Chapter,

 

 

 

 

 

 

Sl.

Description of Services

Section,

 

Rate

 

 

 

No.

Heading

(in per-cent.)

 

 

 

 

 

 

 

or Group

 

 

 

 

 

 

(1)

(2)

(3)

 

 

(4)

 

 

 

 

Transfer of the right to use any goods for

 

Same   rate   of   cess   as

 

1

any  purpose  (whether  or  not  for  a

Chapter 99

applicable

on

supply

of

 

specified   period)   for   cash,   deferred

similar

goods

involving

 

 

 

 

 

payment or other valuable consideration

 

transfer of title in goods

 

 

 

Transfer of right in goods or of undivided

 

Same

rate

of

cess

as

 

 

 

applicable

on

supply

of

 

2

share in goods without the transfer of title

Chapter 99

 

similar

goods

involving

 

 

thereof

 

 

 

 

transfer of title in goods

 

 

 

 

 

 

 

3

Any other supply of services

Chapter 99

Nil

 

 

 

 

 

  1. Explanation
    .- Reference to “Chapter”, “Section”, “Heading” or “Group”, wherever they occur, unless the context otherwise requires, shall mean respectively as “Chapter, “Section” and “Heading” in the scheme of classification of services.
  1. This notification shall come into force with effect from 1st day of July, 2017.

 

[F.No. 334/1/2017-TRU]

 

.

 

(Ruchi Bisht)

 

Under Secretary to the Government of India

 

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