CBEC Notifications on GST Rates Changes (CGST/ IGST/ UTGST) w.e.f. 25 Jan. 2018

CBEC Notifications on GST Rates Changes (CGST/ IGST/ UTGST) applicable w.e.f. 25 Jan. 2018, as recommended by the GST Council

The CBEC has issued various Notifications for change in GST Rates (CGST/ IGST/ UTGST) of various items of Goods and Services applicable w.e.f. 25 Jan. 2018, as recommended by the GST Council, as under:

CGST Rate Notifications:

i) Seeks to amend notification No. 11/2017- Central Tax (Rate) so as to notify CGST rates of various services as recommended by Goods and Services Tax Council in its 25th meeting held on 18.01.2018:

CBEC Notification No. 01/2018 Central Tax (Rate) dt. 25 Jan. 2018

ii) Seeks to amend notification No. 12/2017- Central Tax (Rate) so as to exempt certain services as recommended by Goods and Services Tax Council in its 25th meeting held on 18.01.2018.

CBEC Notification No. 02/2018 Central Tax (Rate) dt. 25 Jan. 2018

iii) Seeks to amend notification No. 13/2017- Central Tax (Rate) so as to specify services supplied by the Central Government, State Government, Union territory or local authority by way of renting of immovable property to a registered person under CGST Act, 2017 to be taxed under Reverse Charge Mechanism (RCM).

CBEC Notification No. 03/2018 Central Tax (Rate) dt. 25 Jan. 2018

iv) Seeks to provide special procedure with respect to payment of tax by registered person supplying service by way of construction against transfer of development right and vice versa.

CBEC Notification No. 04/2018 Central Tax (Rate) dt. 25 Jan. 2018

v) Seeks to exempt Central Government’s share of Profit Petroleum from Central tax

CBEC Notification No. 05/2018 Central Tax (Rate) dt. 25 Jan. 2018

vi) Seeks to amend Notification No.1/2017-CGST (Rate)

CBEC Notification No. 06/2018 Central Tax (Rate) dt. 25 Jan. 2018

vii) Seeks to amend Notification No.2/2017-CGST (Rate)

CBEC Notification No. 07/2018 Central Tax (Rate) dt. 25 Jan. 2018

viii) Seeks to amend Notification No.1/2017-CGST (Rate)

CBEC Notification No. 08/2018 Central Tax (Rate) dt. 25 Jan. 2018

ix) Seeks to amend Notification No.45/2017-Central (Rate)

CBEC Notification No. 09/2018 Central Tax (Rate) dt. 25 Jan. 2018

IGST Rate Notifications:

i) Seeks to amend notification No. 8/2017- Integrated Tax (Rate) so as to notify IGST rates of various services as recommended by Goods and Services Tax Council in its 25th meeting held on 18.01.2018

CBEC Notification No. 01/2018 Integrated Tax (Rate) dt. 25 Jan. 2018

ii) Seeks to amend notification No. 9/2017- Integrated Tax (Rate) so as to exempt certain services as recommended by Goods and Services Tax Council in its 25th meeting held on 18.01.2018

CBEC Notification No. 02/2018 Integrated Tax (Rate) dt. 25 Jan. 2018

iii) Seeks to amend notification No. 10/2017- Central Tax (Rate) so as to specify services supplied by the Central Government, State Government, Union territory or local authority by way of renting of immovable property to a registered person under CGST Act, 2017 to be taxed under Reverse Charge Mechanism (RCM).

CBEC Notification No. 03/2018 Integrated Tax (Rate) dt. 25 Jan. 2018

iv) Seeks to provide special procedure with respect to payment of tax by registered person supplying service by way of construction against transfer of development right and vice versa

CBEC Notification No. 04/2018 Integrated Tax (Rate) dt. 25 Jan. 2018

v) Seeks to exempt Central Government’s share of Profit Petroleum from Integrated tax

CBEC Notification No. 05/2018 Integrated Tax (Rate) dt. 25 Jan. 2018

vi) Seeks to exempt royalty and license fee from Integrated tax to the extent it is paid on the consideration attributable to royalty and license fee included in transaction value under Rule 10(1)(c) of Customs Valuation (Determination of value of imported Goods) Rules, 2007

CBEC Notification No. 06/2018 Integrated Tax (Rate) dt. 25 Jan. 2018

vii) Seeks to amend Notification No.1/2017-IGST (Rate)

CBEC Notification No. 07/2018 Integrated Tax (Rate) dt. 25 Jan. 2018

viii) Seeks to amend Notification No.2/2017-IGST (Rate)

CBEC Notification No. 08/2018 Integrated Tax (Rate) dt. 25 Jan. 2018

ix) Seeks to amend Notification No.1/2017-IGST (Rate)

CBEC Notification No. 09/2018 Integrated Tax (Rate) dt. 25 Jan. 2018

x) Seeks to amend Notification No.47/2017-IGST (Rate)

CBEC Notification No. 10/2018 Integrated Tax (Rate) dt. 25 Jan. 2018

UTGST Rate Notifications:

i) Seeks to amend notification No. 11/2017- Union Territory Tax (Rate) so as to notify UTGST rates of various services as recommended by Goods and Services Tax Council in its 25th meeting held on 18.01.2018

CBEC Notification No. 01/2018 UT Tax (Rate) dt. 25 Jan. 2018

ii) Seeks to amend notification No. 12/2017- Union Territory Tax (Rate) so as to exempt certain services as recommended by Goods and Services Tax Council in its 25th meeting held on 18.01.2018

CBEC Notification No. 02/2018 UT Tax (Rate) dt. 25 Jan. 2018

iii) Seeks to amend notification No. 13/2017- Central Tax (Rate) so as to specify services supplied by the Central Government, State Government, Union territory or local authority by way of renting of immovable property to a registered person under CGST Act, 2017 to be taxed under Reverse Charge Mechanism (RCM)

CBEC Notification No. 03/2018 UT Tax (Rate) dt. 25 Jan. 2018

iv) Seeks to provide special procedure with respect to payment of tax by registered person supplying service by way of construction against transfer of development right and vice versa

CBEC Notification No. 04/2018 UT Tax (Rate) dt. 25 Jan. 2018

v) Seeks to exempt Central Government’s share of Profit Petroleum from Union Territory Tax

CBEC Notification No. 05/2018 UT Tax (Rate) dt. 25 Jan. 2018

vi) Seeks to amend Notification No.1/2017-UTGST (Rate)

CBEC Notification No. 06/2018 UT Tax (Rate) dt. 25 Jan. 2018

vii) Seeks to amend Notification No.2/2017-UTGST (Rate)

CBEC Notification No. 07/2018 UT Tax (Rate) dt. 25 Jan. 2018

viii) Seeks to amend Notification No.1/2017-UTGST(Rate)

CBEC Notification No. 08/2018 UT Tax (Rate) dt. 25 Jan. 2018

ix) Seeks to amend Notification No.45/2017-UTGST (Rate)

CBEC Notification No. 09/2018 UT Tax (Rate) dt. 25 Jan. 2018

Compensation Cess Rate Notifications:

i) Seeks to amend Notification No.1/2017-Compensation Cess (Rate) for ‘Nil’ Compensation Cess Rate for All Old and Used Motor Vehicles, provided the supplier has availed ITC under CGST/ VAT:

CBEC Notification No. 01/2018 Compensation Cess (Rate) dt. 25 Jan. 2018

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