Rcm comparision gst vs service tax

Page 1

COMPARISION OF REVERSE CHARGE PROVISIONS OF GST WITH SERVICE TAX S.No.

Description of a Service

1

Import of Services other than non-assessee online recipient.

2

Goods transport agency (GTA) in respect of transportation of goods by road

Service Tax Liability of SP Liability of SR NIL 100%

Liability of SP NIL

GST Liability of SR 100%

NIL

100%

NIL

100%

Services provided or agreed to be provided by an individual advocate or firm of advocates by way of legal services, directly or indirectly

NIL

100%

NIL

100%

3 4

Services provided or agreed to be provided by an arbitral tribunal

NIL

100%

NIL

100%

5

Sponsorship services

NIL

100%

NIL

100%

6

Services provided or agreed to be provided by Government or local authority

NIL

100%

NIL

100%

7

Services by a director to company or the body corporate;

NIL

100%

NIL

100%

8

Services provided or agreed to be provided by an insurance agent to any person carrying on insurance business

NIL

100%

NIL

100%

9

Services provided or agreed to be provided by a recovery agent to a banking company or a financial institution or a non-banking financial company

NIL

100%

NIL

100%

Exempted under Notification No.36/2016 dated 23/06/2016

NIL

100%

Exempted in Entry No. 15 of Mega Exemption, under

NIL

100%

NIL

100%

10

11

Services by way of transportation of goods by a vessel from a place outside India up to the customs station of clearance in India

Transfer or permitting the use or enjoyment of a copyright

12

Radio taxi or Passenger Transport Services provided through electronic commerce operator

50%

50%

13

Services provided or agreed to be provided by a selling or marketing agent of lottery tickets to a lottery distributor or selling agent of the State Government under the provisions of the Lottery (Regulations) Act, 1998

NIL

100%

Removed

14

Works Contract service

50%

50%

Removed

15

Supply of Manpower service

NIL

100%

Removed

16

Security Services

NIL

100%

Removed

17

Services provided or agreed to be provided by a person involving an aggregator in any manner

NIL

100%

Removed


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