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MADHYA PRADESH TOURISM
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CLASSIFICATION OF SERVICE
Classification Scheme for Services under GST (4).xlsx
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sale of publicity material
OUTWARD ACTIVITIES Lodging income Catering income Transport income Boating income Beer /liquor income Package tour income Confectionary income sale of publicity material
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Bed and breakfast income
OUTWARD ACTIVITIES Laundry income Lawn income Gym income Bed and breakfast income Cultural income Lease rent received Canteen income Museum income Food festival income
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INWARD ACTIVITIES Purchase of Grocery Manpower Agency Consultants
Advertising Telecommunication Annual Maintenance contracts Repair and maintenance Insurance Hiring of Vehicles
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INWARD ACTIVITIES Boating expenses Bar expenses Package tour expenses
Office expenses Service tax Finance charge Ice cream expenses Cold drink purchase Taxes
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Petrol ,oil &lubricants
INWARD ACTIVITIES Postage /telephone Stationary /printing Books/periodicals Audit fees Professional fees Insurance of boats Generator expenses Petrol ,oil &lubricants
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GST RATES Exempted Supply 0% GST Rate – 5% GST Rate – 12% GST Rate –
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GST RATES 0% GST Rate Fresh Meat Fish Chicken Eggs Milk ,Butter Milk
Curd , Natural Honey Fresh Fruits And Vegetables Flour Besan Salt (un Branded) Bread Prasad Bindi Sindoor Stamps Judicial Papers Printed Books Newspapers Bangles Handloom, and other items of daily us
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GST RATES 5 % GST RATE: Fish Fillet Cream Skimmed Milk Powder
Flour Besan (Branded) Branded Paneer Frozen Vegetables Coffee Tea Spices Pizza Bread Rusk Sabudana Kerosene Coal Medicines Stent Lifeboats
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GST RATES-12 % Frozen Meat Products Butter Cheese Ghee
Dry Fruits In Packaged Form Animal Fat Sausage Fruit Juices Bhutia , Namkeen Ayurvedic Medicines Tooth Powder Agarbatti Coloring Books Picture Books Umbrella Sewing Machine Cell phones
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GST RATES-18 % Flavored Refined Sugar Pasta Cornflakes
Pastries And Cakes Preserved Vegetables Jams Sauces Ice Cream Instant Food Mixes Mineral Water Tissues, Envelopes Tampons Note Books Steel Products Printed Circuits Camera Speakers Monitors
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GST RATES-28 % Chewing Gum Molasses Chocolate Not Containing Cocoa
Waffles And Wafers Coated With Choclate Pan Masala Aerated Water , Paint , Deodorants Shaving Creams , After Shave Hair Shampoo Dye Sunscreen Wallpaper Ceramic Tiles Water Heater Dishwasher Weighing Machine Washing Machine ATM Vending Machines Vacuum Cleaner Shavers Hair Clippers Automobiles Motorcycles Aircraft For Personal Use Yachts
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GST RATES CONSTRUCTION ITEM GST RATE Cement 28 % Wall paper 28 % Paints and varnishes 28% plaster ceramic tiles 28 % Tempered glass 28 % Send line bricks 5 %
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GST RATES-GOODS LIFESTYLE AND HOME ITEM GST RATE LEATHER BAGS 28% CELL PHONE 18 % YACHTS 28 % AIR CONDITIONERS 28 % REFRIGERATORS 28 % PRINTER 18 % SPORTES GOODS 12 % FURNITURE 28 %
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GST RATE - SERVICE GST Rate-5 % Transport of goods by rail
Transport of passengers by rail Services of goods transport agency (GTA) Transport of passengers by air in economy class Transport of passengers, by- (i) Air conditioned contract/stage carriage (ii) a radio tax Supply of tour operators’ services Leasing of aircrafts under Schedule II [5 (f)] by a scheduled airlines for scheduled operations Selling of space for advertisement in print media Services by way of job work in relation to printing of newspapers;
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GST RATE -SERVICE Gst rate -12 %
Transport of passengers by air in other than economy class Construction of a complex, building, civil structure or a part thereof, intended for sale to a buyer, wholly or partly- Temporary transfer or permitting the use or enjoyment of any Intellectual Property – Supply of Food/drinks in restaurant not having facility of air-conditioning
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GST RATE -SREVICE GST RATE- 18 %
Services by way of admission or access to circus, Indian classical dance including folk dance, theatrical performance, drama- Composite supply of Works contract - Accommodation in hotels, inns, guest houses, clubs, campsites or other commercial places meant for residential or lodging purposes where room tariff is Rs 2500/- and above but less than Rs 7500/- per room per day Supply of Food/drinks in air-conditioned restaurant in 5-star or above rated Hotel
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SERVICE GST RATE- 28 % Accommodation in hotels including 5 star and above rated hotels, inns, guest houses, clubs, campsites or other commercial places meant for residential or lodging purposes, where room rent is Rs 7500/- and above per day per room. Services by way of admission to entertainment events or access to amusement facilities
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IMPACT OF GST
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GST IMPACT Change in accounting software
Provisioning of Purchase invoice Reports as per the requirements of GST Returns Change in accounting system by bifurcating purchase invoice entries in to basic amount and taxes Payment of taxes on receipt of advance Calculation of Input tax credit only for taxable outward and inward supplies Working of input service distributor
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GST IMPACT Transfer of input tax benefit to customer
Change in current agreements All outward bills should separately show the amount of CGST ,SGST, and IGST Change in payment cycle and should be made only after GST Return filing Dealing with GSTIN registered dealers Change in tender processing of Engineering section to obtain input tax benefit from the contractors
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GST IMPACT ENT KOT should be billed
Discount should be mentioned in the bills Supervision charges and grants received from the Government shall be taxable in the hands of corporation without any input rebate Maintenance of books of accounts at unit level
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GST IMPACT AP CP EP plan shall be taxable as per room rent
Capital and revenue expenditures should be classified at the time of entry Any expenditure which will be capitalized will come under the capital goods and no INPUT Credit shall be allowed.
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GST IMPACT Presently available CENVAT credit transfer to GST Credit
Documentary proof for consolidated entries in GST Returns
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