ORDER NO. 01/2019-UNION TERRITORY TAX (RATE) ON SUPPLY OF SERVICES

The Order No. 01/2019-Union Territory Tax (Rate) on Supply of Services was issued by the CBIC on January 29, 2019.

The order provides a list of tax rates for various services provided by service providers to service recipients.

The tax rates range from 0% to 18%, depending on the type of service provided.

Some of the services that are exempt from tax include education, healthcare, and transportation.

The order also provides clarification on the tax rates for services provided by intermediaries, such as commission agents and brokers.

Service providers are required to charge the appropriate tax rate on their services and file their GST returns accordingly.

Service recipients are also required to pay the appropriate tax rate on the services they receive and claim input tax credit if eligible.