Dear Experts,
There is the Classification Scheme for Services under GST was given and to such services, there is no rate was prescribed in that list. For them, how can we find the rate ?
Can we assume as all other services not specified elsewhere in the taxable services and rate shall be as 18%. ?
Unspecified Services in GST: Default Tax Rate Confirmed at 18% for Unclassified Services A participant in a discussion forum inquired about determining the GST rate for services not specified in the classification scheme. They asked if these unspecified services could be assumed to be taxed at 18%. One respondent suggested that detailed information on service rates is available online, categorizing services under different tax slabs such as 5%, 12%, and 18%, and also mentioned a list of fully exempted services. Another respondent confirmed that the rate for unspecified services would indeed be 18%. (AI Summary)
TaxTMI 
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TaxTMI 
