GST slab on Ship management service
Click here to know GST rate for this service
Does ship supervision of the maintenance service fall under exemption list of GST? What is Goods and Service Tax slab rate survey and repair service of ship? GST expenses for engagement or providing of crews in ship service? Is GST chargeable for freight charges service on behalf of the owner of ship? GST tax slab rate for providing for victualling or storing of ship?
The details about GST rate changes for Ship management service are being updated here. The notification changes on exemptions for GST for sale of Ship management service and other circulars related to GST for Ship management service are updated in this website.
Ship means a sea-going vessel and includes a sailing vessel. (Section 65(96) of Finance Act, 1994 as amended) Ship management service includes, - (i) the supervision of the maintenance, survey and repair of ship; (ii) engagement or providing of crews; (iii) receiving the hire or freight charges on behalf of the owner; (iv) arrangements for loading and unloading; (v) providing for victualling or storing of ship; (vi) negotiating contracts for bunker fuel and lubricating oil; (vii) payment, on behalf of the owner, of expenses incurred in providing services or in relation to the management of ship; (viii) the entry of ship in a protection or indemnity association; (ix) dealing with insurance, salvage and other claims; and (x) arranging of insurance in relation to ship.
Goods and Service Tax (GST) rate tariff in India is designed 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 negotiating contracts for bunker fuel and lubricating oil in ship service are exempted from paying GST. The list of exempted business category of services under Ship management service may be read in GST exemption category list issued by GST authorities.
The above information is about GST rate for Ship management service. This post is being updated with latest changes in GST rate for Ship management service, update on latest GST notification on providing for victualling or storing of ship and amendments related to GST on entry of ship in a protection or indemnity association service.
Comment below your thoughts about Ship management service.
Click here to know GST rate for this service
Click here to know GST rate on Goods and Services
Click here to know GST exemption list of goods and service
Find HSN number or Service tariff code for GST
GST registration guidelines
Indian GST Laws
How to export your goods?
GST Return for Outward Supplies made by the Taxpayer (GSTR-1)
Different Tax returns under GST Goods and Service Tax
GST registration and returns filing procedures for PSUs and Government entities
What is RETURNS in terms of Goods and Service Tax?
How to fill application for GSTIN (Goods and Service Tax Identification Number)?
Application for registration under GST Act to obtain GSTIN
Different application Forms for registration under Goods and Service Tax Act (GSTIN)
Process of application for registration under GST Act to obtain GSTIN
Procedures to get GST Registration number for IT exempted proprietorship firms
Learn GST in regional language
Export benefit schemes in India
How to import goods to India?
Export procedures and documentation
What is legalization of documents by embassy?
What is LET EXPORT order in export trade?
How to book empty container for factory/CFS/ICD/port stuffing
How to calculate CBM in LCL export shipments:
How to calculate chargeable weight under airfreight in exports?
How to check the time of contract on high sea sale transaction?
How to Choose a product for export business
How to cover the risk of Cargo loss or damage
How to customs clear Cargo arrived in a port where in import license obtained for another port
How to differentiate BL and HBL?
How to differentiate CPT and DAP in shipping terms
Indian GST charges on ship supervision of the maintenance service
Goods and Service Tax rate on survey and repair service of ship
GST expenses on engagement or providing of crews in ship service
Rate of GST slab on receiving the hire or freight charges service on behalf of the owner of ship
Total GST rate on arrangements for loading and unloading in ship
Slab GST on providing for victualling or storing of ship
Amount of GST to be paid on negotiating contracts for bunker fuel and lubricating oil in ship service
Total GST charges on payment, on behalf of the owner, of expenses incurred in providing services or in relation to the management of ship
Tax of GST on the entry of ship in a protection or indemnity association service
GST slab rate on dealing with insurance, salvage and other claims in relation to ship service
Amount of GST rate on arranging of insurance in relation to ship service
How much rate of GST for printed books, newspapers, pictures etc.?
Nil tariff GST on purchase of Braille books
No need to pay GST on sale of Carrots
No need to pay GST on sale of Printed books
GST amount of rate on purchase or sale of Brochures, leaflets and similar printed matter
Nil rate tariff GST on purchase of periodicals
No need to pay GST on sale of Newspaper
Nil rate tariff GST on sale of journals
Slimmed down GST slab rate on sale or purchase of Children’s picture drawing books
GST levied rate on Children's picture business
Nil tariff GST on sale of Children’s picture drawing books
No need to pay GST on sale of Children’s picture colouring books
Minimized GST slab rate on sale or purchase of Children’s picture colouring books
GST scheduled rate on Music, printed or in manuscript
No GST on sale of Globes and topographical plans
Nil tariff GST on sale of atlas
GST percentage on purchase or sale of Plans and drawings on architectural
GST amount of rate on Unused postage