Abatements

August 14, 2016   admin  GST India
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Abatements

S.No.Nature of ServiceTaxable ValueTotal Effective Tax Rate incl. CessInputCapital GoodsInput Services
1Services in relation to financial leasing including hire purchase10%1.45%AllowedAllowedAllowed
2Transport of Goods in containers by rail by any person other than Indian Railways40%5.80%Not AllowedNot AllowedAllowed
2ATransport of Goods by Rail other than as specified above30%4.35%Not AllowedNot AllowedAllowed
3Transport of Passengers with or without accompanied belongings by Rail30%4.35%Not AllowedNot AllowedAllowed
4Bundled service by way of supply of food or any other article of human consumption or any drink, in a premises (including hotel, convention center, club, pandal, shamiana or any other place, specially arranged for organizing a function) together with renting of such premises70%10.15%Allowed except goods falling in Chapter 1 to 22AllowedAllowed
5Transport of passengers by air with or without accompanied belongings in economy class40%5.80%Not AllowedNot AllowedAllowed
5ATransport of passengers by air in higher class60%8.70%
6Renting of inns, hotels, Guest houses, clubs, campsites or other commercial places meant for residential or lodging purposes60%8.70%Not AllowedNot AllowedAllowed
7Services of goods transport agency in relation to transportation of goods other than household goods30%4.35%Not AllowedNot AllowedNot Allowed
7AServices of goods transport agency in relation to transportation of household goods40%5.80%Not AllowedNot AllowedNot Allowed
8Services provided by a foreman of chit fund in relation to chit30%4.35%Not AllowedNot AllowedNot Allowed
9Renting of motor cab designed to carry passengers40%5.80%Not AllowedNot AllowedNot Allowed (Except rent a cab operator)
9ATransport of passengers, with or without accompanied belongings, by a contract carriage other than motorcab or a radio taxi or a stage carriage40%5.80%Not AllowedNot AllowedNot Allowed
10Transport of goods in a vessel30%4.35%Not AllowedNot AllowedAllowed
11Services by Tour operator in relation to Solely of arranging or booking accommodation10%1.45%Not AllowedNot AllowedNot Allowed (except Tour operator services)
11AServices by Tour operator in relation to tours other than 1130%4.35%
12Construction of a complex, building, civil structure or a part thereof, intended for a sale to a buyer, wholly or partly except where entire consideration is received after issuance of completion certificate by the competent authority 30%4.35%Not AllowedAllowedAllowed
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