GST on Library Services

By | December 27, 2017
(Last Updated On: December 27, 2017)

GST on Library Services

Analysis of GST on Library Services in India

Is there any GST on Library Services ?

Yes

The service falls under :-

Heading 9984 “Telecommunications, broadcasting and information supply services “

Group 99845 : Library and archive services

    998451: Library services

[ Refer Annexure of Notification No. 11/2017-Central Tax (Rate) and No. 8/2017-Inegrated Tax (Rate) both dated 28-6-2017, effective from 1-7-2017 ]

What are the rates of GST on Library Services ?

From  01.07.2017 : CGST Rate is 9% and SGST rate is 9% and IGST rate is 18% for following

“Telecommunications, broadcasting and information supply services. “

[ Entry No 22 of Notification No. 11/2017-Central Tax (Rate) and No. 8/2017-Inegrated Tax (Rate) both dated 28-6-2017 effective from 1-7-2017 . ]

Is there any Exemption from GST on Library Services ?

There is exemption from GST on following :-

“Services of public libraries by way of lending of books, publications or any other knowledge-enhancing content or material.”

[ Entry No 50 of Notification No. 12/2017-Central Tax (Rate) and No. 9/2017-Inegrated Tax (Rate) both dated 28-6-2017, effective from 1-7-2017 ]

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