The Central Government notified the revised rates for different goods and services under the Goods and Services Tax (GST) regime.
As per the Notification issued on Wednesday, the Government reduced the rate of GST applicable to specified supply of works contract services to 12 per cent from the current 18%.
Transport of passengers by motorcab where the cost of fuel is included in the consideration charged from the service recipient would attract 5% GST.
GST at a rate of 12 per cent is applicable to services by way of printing of newspapers, books (including Braille books), journals and periodicals, where only content is supplied by the publisher and the physical inputs including paper used for printing belong to the printer etc.
Also, services of goods transport agency (GTA) in relation to transportation of goods (including used household goods for personal use) will be assessed at a lower rate of 5 per cent.
Subscribe Taxscan Premium to view the Judgment
