Summary of recent GST Notifications pursuant to 37th GST Council Meet

The Central Board of Indirect Taxes and Customs (CBIC) has issued notifications and Circular under GST Laws to implement the recommendation of the 37th GST Council held on 20th September, 2019.

The summary of notification have been given in a tabular manner for easy understanding:

GST Notifications

S.No

Notification No

Summary of the Notification

Notification No. 14/2019-Central Tax dated 30-09-2019

Changes in rates of certain goods (given are changed rate of GST)

a. Marine Fuel 0.5% (FO) - 5%,

b. Wet grinder consisting of stone as grinder - 5%,

c. Woven and non-woven bags and sacks of polyethylene or polypropylene strips or the like - 12%,

d. Railway wagons, coaches, rolling stock, parts thereof - 12%,

e. Caffeinated beverages - 28%,

f. Precious stones (other than diamonds) and semi-precious stones - 0.25%

g. Synthetic or reconstructed precious or semiprecious stones - 0.25%

h. Parts of Slide fasteners - 12%

i. Railway Wagons, Coaches and Rolling Stocks - 12%

Notification No. 15/2019 - Central Tax

Grant exemption to dried tamarind and cups, plates made of leaves, bark and flowers of plants

Notification No. 18/2019 - Central Tax

Manufacturers of aerated water not allowed to avail composition scheme

Notification No. 20/2019 - Central Tax

Changes in Rates of Services -

a. Hotel accommodation (above Rs. 1,000 and not exceeding Rs. 7,500 per day) @12%,

b. Outdoor catering @5% (no ITC)

c. Supply of goods, being food or any other article for human consumption or any drink, by the Indian Railways or Indian Railways Catering and Tourism Corporation Ltd. or their licensees, whether in trains or at platforms - 5% (No ITC)

d. Other professional, technical and business services relating to exploration, mining or drilling of petroleum crude or natural gas or both - 12%

e. Services by way of job work in relation to diamonds - 1.5%

f. Services by way of job work in relation to bus body building - 18%

g. Other services by way of job work (Other than above) - 12%

Notification No. 21/2019 - Central Tax

Exemption is granted to below services -

a. Services provided by and to FIFA and its subsidiaries related to FIFA U-17 Women's World Cup 2020 and right to admission to the FIFA U-17 women's WC 2020,

b. Services of storage or warehousing of cereals, pulses, fruits, nuts and vegetables, spices, copra, sugarcane, jaggery, raw vegetable fibres such as cotton, flax, jute etc., indigo, unmanufactured tobacco, betel leaves, tendu leaves, rice, coffee and tea

Notification No. 22/2019 - Central Tax

Option to be given to the registered authors to pay GST on royalty charged from publishers under forward charge and observe regular GST compliance.
RCM on payment of GST payment on securities lending service under RCM at the merit rate of 18%.
RCM to Suppliers paying GST @5% on renting of vehicles, from registered person other than body corporate (LLP, proprietorship) when services provided to body corporate entities.

Notification No. 25/2019 - Central Tax

Service by way of grant of alcoholic liquor licence, against consideration in the form of licence fee or application fee - shall not be treated as supply of goods or supply of services

Notification No - 04/2019- Integrated Tax

Supply of research and development services related to pharmaceutical sector - The place of supply of services shall be the location of the recipient of services subject to certain conditions

Note: The aforesaid notifications shall come into effect from 01st of October 2019.