Nil rate of GST on Services provided by Government Part 1

Services provided by Government or a local authority by way of tolerating non-performance of a contract attracts no GST

 

27Is my Services provided by Government or a local authority by way of tolerating non-performance of a contract for which consideration in the form of fines or liquidated damages is payable to the Government or the local authority under such contract exempt from paying GST? No GST applicable for Services provided by Government or a local authority by way of tolerating non-performance of a contract for which consideration in the form of fines or liquidated damages is payable to the Government or the local authority under such contract?


As per GST Law 2017, there is no GST payable on Services provided by Government or a local authority by way of tolerating non-performance of a contract for which consideration in the form of fines or liquidated damages is payable to the Government or the local authority under such contract.
So the rate of GST payable on Services provided by Government or a local authority by way of tolerating non-performance of a contract for which consideration in the form of fines or liquidated damages is payable to the Government or the local authority under such contractis nil rate.

 

The Goods and Services Tax (GST) will be levied at multiple rates ranging from 0 per cent to 28 per cent. GST Council finalised a four-tier GST tax structure of 5%, 12%, 18% and 28%, with lower rates for essential items and the highest for luxury and de-merits goods that would also attract an additional cess.

 

This information is about GST on Services provided by Government or a local authority by way of tolerating non-performance of a contract for which consideration in the form of fines or liquidated damages is payable to the Government or the local authority under such contract. Would you like to add more information about GST rate tariff on Services provided by Government or a local authority by way of tolerating non-performance of a contract for which consideration in the form of fines or liquidated damages is payable to the Government or the local authority under such contract? Share below your comments about Goods and Service Tax levied on Services provided by Government or a local authority by way of tolerating non-performance of a contract for which consideration in the form of fines or liquidated damages is payable to the Government or the local authority under such contract.

 

The above details about GST rate tariff on Services provided by Government or a local authority by way of tolerating non-performance of a contract for which consideration in the form of fines or liquidated damages is payable to the Government or the local authority under such contractis only for information.

 

The validity of above information and amendments about GST rate on Services provided by Government or a local authority by way of tolerating non-performance of a contract for which consideration in the form of fines or liquidated damages is payable to the Government or the local authority under such contractmay be verified before any business dealing.

 

 

Click here to know GST rate on Goods and Services


GST Exemption list of goods and services


Find HSN number or Service tariff code for GST


GST registration guidelines


Indian GST Laws


How to export your goods?


How to get Export Order?


GST Registration Guidelines


Learn Imports and Exports business free of cost


Find HSN code of your product.


How to export goods from India?

 

Error in transaction between GST, authorized banks and RBI under GST tax collection

Communication between GSTN and RBI on GST tax reciepts

Discrepancy in GST tax payments by CPIN,GSTIN,CIN,NEFT/RTGS UTR and Challan amount

How to reduce errors in GST payments by IT system of authorized banks

The legs of communication of data under GST payments

Reconciliation of GST tax collection by Accounting Authorities

Reconciliation by GSTN on GST Tax collection

  

Process of BRN,CIN,CPIN by RBI and Government on GST fund transfer

Fundamental changes GST from existing Tax System

I am doing Services provided by Government or a local authority by way of tolerating non-performance of a contract for which consideration in the form of fines or liquidated damages is payable to the Government or the local authority under such contract. Should I need to pay GST?


Discussion Forum

You can also share your thoughts about this article.
Any one can answer on question posted by Readers