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Here’s the list of GST rates for services; 28% for luxury hotel services, healthcare exempted

Here’s the list of GST rates for services; 28% for luxury hotel services, healthcare exempted

Akanksha Jain

1. The 5% category:

Here’s the list of GST rates for services; 28% for luxury hotel services, healthcare exempted

2. The 12% category:

Non-AC restaurants will fall under this category. Work contracts will also be taxed 12% under GST.

3. The 18% category:

AC restaurants with liquor licence will have 18% tax. Financial services and telecom will also fall under 18% category

4. The 28% category: Highest rate is applicable for luxury hotel services.

The 5-star hotels will levy 28% tax and even hotels and lodges with tariffs above Rs 5,000 will be taxed under 28% under GST. Gambling, Race Course, Cinema too fall under this category.

5. Exempted:

Healthcare and education services have been exempted from the GST