What are the Different Goods and Services Under Reverse Charge in GST
|
CASE |
Seller |
Person who Deposit Service Tax |
|
Unregistered dealer selling Goods and Service to a registered dealer |
Unregistered Dealer |
Registered Dealer (Buyer) |
|
E-Commerce Transaction Suppose Ajay Enterprises(Vendor) sells goods to Customer through E-Commerce Company
|
Vendor (Ajay Enterprises) |
E-Commerce Company (And not Customer) |
|
Others Cases |
(To be Notified by State and Central Government) |
(To be Notified by State and Central Government) |
Exemption in Case of Services Upto 5000 per day
Government has issued Notification 8/2017
As per this Notification
Local Purchases upto 5000 per day from all Unregistered Parties are exempt from GST
(This 5000 purchase is combination of Purchases from All Parties Combined
Interstate Purchases are not covered here)
Different Notified Services by GST Council
(Approved in Decision Taken on 19 May 2017)
| NAME OF SERVICE | SERVICE PROVIDER | SERVICE RECEIVER |
| Import of Service (Service provided from Non-Taxable Territory) | Foreign Party | Indian Co |
| Transport of Goods by Road | Goods Transport Agency | Any person Registered Under CGST, UTGST, SGST |
| Any Factory, | ||
| Any Society/Cooperative Society Registered in India | ||
| Any body corporate(Company) | ||
| Any Partnership Firm | ||
| Casual Taxable Person | ||
| Advocate/Legal Service | Advocate/Firm of Advocate | Any business Entity |
| Arbitrary Tribunal | Advocate/Firm of Advocate | Any business Entity |
| Sponsorship Service | Any Person | Any body corporate(Company) or Partnership |
| Service by Director | Director | Any body corporate(Company) |
| Insurance Agent Service | Insurance Agent | Insurance Co |
| Recovery Agent Service | Recovery Agent | Bank or Financial Institutions |
| Ocean Freight (Transport of Goods by Vessel from place outside India to customs clearance in India) | Foreign Party(Person located in Non-Taxable Territory) | Importer |
| Copyright Service related to literary, dramatic, musical, artistic work | Author, music composer, photographer, artist | Publisher, Music Com, Producer |
| Radio Taxi Service | Taxi Driver | E Commerce Company |
| All Service by Government except | Govt | Business Entity |
| Renting of Immovable Property | ||
| Service by Department of Posts | ||
| Service in Relation to Aircraft or vessel | ||
| Service of Transport of Goods or Passengers |
Reverse Charge on Goods
| S.No. | Description of supply of goods | Supplier of goods | Recipient of goods |
| 1 | Cashew nuts, not shelled or peeled | Agriculturist | Any registered person |
| 2 | Bidi wrapper leaves (tendu) | Agriculturist | Any registered person |
| 3 | Tobacco leaves | Agriculturist | Any registered person |
| 4 | Supply of lottery | State Government, Union Territory or any local authority | Lottery distributor or selling agent |
| 5 | Silk yarn | Any person who manufactures silk yarn from raw silk or silk worm cocoons for supply of silk yarn | Any registered person |
Note:-
GST On Manpower Service
Earlier Reverse Charge Was Applicable on Manpower Service in Service Tax
Now, these are not covered under Reverse Charge in GST if Service Provider is registered in GST
However, if Service Provider is from Unregistered Persons, then it will be covered in Reverse Charge in GST
