Hospitality & Tourism • GST Rate on outdoor catering services has been reduced to 5% from present rate of 18% without ITC subject to condition where accommodation tariff is up to 7500. But, where tariff is 7501 and above the rate remains at 18% with ITC. Job Work Service • Job work in relation to diamond work reduced to 1.5% from 5% • Job work on engineering industry reduced to 12% from 18% except job work in relation to bus body building which would remain at 18%.
Transaction Value per Unit (Rs.) per day:-
Rs 1000 and less – Nil Rs 1001 to Rs 7500 – 12% Rs 7501 and above – 18%
Other Industries • Compensation cess on petrol motor vehicles with 10-13 person capacity reduced to 1%, while on diesel vehicles reduced to 3% , as before it was 15%. • GST on marine fuel reduced to 5% from 18% • GST on cups, plates made from flowers, leaves and other bio-friendly material has been reduced zero from 5%. • Supply of goods and services to FIFA & other specified persons exempted for Under 17 women’s world cup in India. • GST rate reduced to nil from 5% on dried tamarind, reduced to 5% from 12% on wet grinders consisting of stone as a grinder. • GST on wagons and coaches supplies to railways has been hiked to 12% from 5%. • GST rate hiked to 28% from 18% plus additional 12% compensation cess on caffeinated drinks. Further, aerated drinks manufacturers excluded from compensation scheme
