Introduction

The Goods and Services Tax (GST) in India has a multi-slabs structure for services, with four primary GST rates: 5%, 12%, 18%, and 28%. In this article, we will explore the GST tax rates for various services.

GST Tax Rates for Services

5% GST Rate

1. Transportation services (rail, road, air)
2. Hotel accommodation (up to ₹1,000)
3. Restaurants (non-AC)
4. Education services (school, college)
5. Healthcare services

12% GST Rate

1. Hotel accommodation (₹1,000-₹5,000)
2. Restaurants (AC)
3. Event management services
4. Travel agency services
5. Financial services (banking, insurance)

18% GST Rate

1. IT services (software development)
2. Telecommunication services
3. Financial services (brokerage, mutual funds)
4. Real estate services (construction)
5. Advertising services

28% GST Rate

1. Cinema services
2. Entertainment services (theme parks, water parks)
3. Luxury hotel accommodation (above ₹5,000)
4. Luxury restaurant services
5. Gambling services

Exempt Services

1. Healthcare services (hospitals, clinics)
2. Educational services (school, college)
3. Services provided by government
4. Services provided by charitable institutions
5. Services provided by RBI, RBI-regulated entities

Nil GST Rate

1. Services provided by RBI
2. Services provided by government
3. Services provided by United Nations

GST Rates for Specific Industries

1. Telecommunication: 18%
2. Banking: 18%
3. Insurance: 18%
4. Real Estate: 12% (construction), 18% (services)
5. E-commerce: 18% (commission-based services)

FAQs

1. What is the GST rate for restaurant services?
   12% (AC), 5% (non-AC)
2. Is healthcare services exempt from GST?
   Yes
3. What is the GST rate for IT services?
   18%

References

1. GST Act, 2017
2. GST Rules, 2017
3. CBIC (Central Board of Indirect Taxes and Customs) notifications

Additional Resources

1. GST portal (gst.gov.in)
2. GST Council website (gstcouncil.gov.in)
3. CBIC website (cbic.gov.in)

Infographics

[Image description: A diagram illustrating GST tax rates for services]

Table: GST Tax Rates for Services