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TMI BlogCategories of services on which tax will be payable under reverse charge mechanism (RCM) under CGST ActX X X X Extracts X X X X X X X X Extracts X X X X ..... erned by the Factories Act, 1948 (63 of 1948);or (b) any society registered under the Societies Registration Act, 1860 (21 of 1860) or under any other law for the time being in force in any part of India; or (c) any co-operative society established by or under any law; or (d) any person registered under the Central Goods and Services Tax Act or the Integrated Goods and Services Tax Act or the State Goods and Services Tax Act or the Union Territory Goods and Services Tax Act ; or (e) any body corporate established, by or under any law; or (f) any partnership firm whether registered or not under any law including association of persons; or (g) any casual taxable person. 8 [ Provided that nothing contained in this entry shall apply to services provided by a goods transport agency, by way of transport of goods in a goods carriage by road, to, - (a) a Department or Establishment of the Central Government or State Government or Union territory; or (b) local authority; or (c) Governmental agencies, which has taken registration under the Central Goods and Services Tax Act, 2017 (12 of 2017) only for the purpose of deducting tax under section 51 and not for making a taxable supply of goods ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in relation to an aircraft or a vessel, inside or outside the precincts of a port or an airport; (iii) transport of goods or passengers. Central Government, State Government, Union territory or local authority Any business entity located in the taxable territory. 5 [5A Services supplied by the Central Government 25 [ [excluding the Ministry of Railways (Indian Railways)] ] , State Government, Union territory or local authority by way of renting of immovable property to a person registered under the Central Goods and Services Tax Act, 2017 (12 of 2017). Central Government, State Government, Union territory or local authority Any person registered under the Central Goods and Services Tax Act, 2017.] 20 [ 5AA Service by way of renting of residential dwelling to a registered person. Any person Any registered person. ] 26 [ 5AB Service by way of renting of any immovable property other than residential dwelling. Any unregistered person Any registered person. ] 11 [5B Services supplied by any person by way of transfer of development rights or Floor Space Index (FSI) (including additional FSI) for construction of a project by a promoter. Any person Promoter. 5C Long term lease of land (30 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... services or both and that he shall not withdraw the said option within a period of 1 year from the date of exercising such option; (ii) the author makes a declaration, as prescribed in Annexure II on the invoice issued by him in Form GST Inv-I to the publisher.] 4 [10 Supply of services by the members of Overseeing Committee to Reserve Bank of India Members of Overseeing Committee constituted by the Reserve Bank of India Reserve Bank of India] 6 [ 11 Services supplied by individual Direct Selling Agents (DSAs) other than a body corporate, partnership or limited liability partnership firm to bank or non-banking financial company (NBFCs) Individual Direct Selling Agents (DSAs) other than a body corporate, partnership or limited liability partnership firm. A banking company or a non-banking financial company, located in the taxable territory. ] 9 [ 12. Services provided by business facilitator (BF) to a banking company Business facilitator (BF) A banking company, located in the taxable territory 13. Services provided by an agent of business correspondent (BC) to business correspondent (BC). An agent of business correspondent (BC) A business correspondent, located in the taxable terri ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ods and Services Tax Act , the Integrated Goods and Services Tax Act , and The Union Territory Goods and Services Tax Act shall have the same meanings as assigned to them in those Acts. 2 [(e) A Limited Liability Partnership formed and registered under the provisions of the Limited Liability Partnership Act, 2008 (6 of 2009) shall also be considered as a partnership firm or a firm.] 5 [(f) insurance agent shall have the same meaning as assigned to it in clause (10) of section 2 of the Insurance Act, 1938 (4 of 1938).] 7 [ (g) renting of immovable property means allowing, permitting or granting access, entry, occupation, use or any such facility, wholly or partly, in an immovable property, with or without the transfer of possession or control of the said immovable property and includes letting, leasing, licensing or other similar arrangements in respect of immovable property. ] 10 [ (h) provisions of this notification, in so far as they apply to the Central Government and State Governments, shall also apply to the Parliament 22 [ , State Legislatures, Courts and Tribunals ] . ] 12 [ (i) The term apartment shall have the same meaning as assigned to it in clause (e) under section 2 of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... relation to the supply of any goods or services or both; 2. I understand that this option, once exercised, shall not be allowed to be changed within a period of 1 year from the date of exercising the option and shall be valid, at least, till the end of Financial Year following the year in which it is made. Signature ___________________ Name _______________________ GSTIN _________________ Place __________________ Date __________________ Annexure II (Declaration to be made in the invoice by the author exercising the option to pay tax on the supply of service by an author by way of transfer or permitting the use or enjoyment of a copyright covered under clause (a) of sub-section (1) of section 13 of the Copyright Act, 1957 relating to original literary works to a publisher under forward charge.) Declaration (9A of Table) I have exercised the option to pay central tax on the service specified against serial No. 9A in column (2) of the Table in the notification No. 13/2017-Central Tax (Rate) dated 28th June, 2017 under forward charge. ] 21 [ Annexure III Declaration I/we have taken registration under the CGST Act, 2017 and have exercised the option to pay tax on services of GTA in rela ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... te) dated 30-09-2019 w.e.f. 01-10-2019 16. Substituted vide Notification No. 29 /2019- Central Tax (Rate) dated 31-12-2019 w.e.f. 01-01-2020 before it was read as 15 Services provided by way of renting of a motor vehicle provided to a body corporate. Any person other than a body corporate, paying central tax at the rate of 2.5% on renting of motor vehicles with input tax credit only of input service in the same line of business Anybody corporate located in the taxable territory. 17. Omitted vide Notification No. 05/2022-Central Tax (Rate) dated 13-07-2022 w.e.f. 18-07-2022 before it was read as, 1 [who has not paid central tax at the rate of 6%] 18. Inserted vide Notification No. 05/2022-Central Tax (Rate) dated 13-07-2022 w.e.f. 18-07-2022 19. Omitted vide Notification No. 05/2022-Central Tax (Rate) dated 13-07-2022 w.e.f. 18-07-2022 before it was read as, by way of speed post, express parcel post, life insurance, and agency services provided to a person other than Central Government, State Government or Union territory or local authority 20. Inserted vide Notification No. 05/2022-Central Tax (Rate) dated 13-07-2022 w.e.f. 18-07-2022 21. Inserted vide Notification No. 05/2022-Cent ..... X X X X Extracts X X X X X X X X Extracts X X X X
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