The GST (Goods and Services Tax) rate for packers and movers services depends on the type of service provided. The GST rate for packers and movers services is generally 5% for transportation of household goods, while it is 18% for Full services such as Packing, Loading, unloading, warehousing, And storage and transportation of goods other than household goods.
The GST (Goods and Services Tax) rate for movers and packers in India is 18%. Movers and packers fall under the transportation services category, which are classified under the 18% tax bracket under GST.
It’s important to note that GST rates can vary based on several factors, such as the nature of the service provided, the type of customer (individual or business), and the service provider’s location. However, for movers and packers, the general GST rate applicable is 18%.
It’s always a good idea to check with the specific service provider for the applicable GST rate, as it may vary based on specific factors related to their business.
How much does GST charge on Movers And Packers?
5% GST Rate
For the transportation of household goods, the GST is generally 5%.
18% GST Rate
For Full Moving services such as packing, Loading, unloading, warehousing, And storage and transportation of goods other than household goods, the GST rate for packers and movers services is 18%.
18% GST On Moving Insurance
It is important to note that GST rates can vary based on the specific nature of the service provided and can also be subject to change based on government regulations. It is advisable to consult with a qualified tax professional or refer to the official GST website for the latest updates and information regarding GST rates on Moving services.
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Is GST Applicable For Packers And Movers?
Yes, packers and movers services in India are subject to the Goods and Services Tax (GST). Packers and movers services are categorized as a service category under the GST statute and are therefore liable to GST.
To prevent fines and legal repercussions, service providers of packers and movers must register for GST and adhere to its rules and regulations.
What Are GST Rates For Movers?
The GST rate for packers and movers varies depending on the nature of the services being provided. For the transportation of goods, the GST rate is 5%. For any services related to packing, unpacking, assembling, or warehousing, the GST rate is 18%.
The rate for services such as loading and unloading goods is applicable at the same rate as transportation. Lastly, for the service of handling, like transportation of goods on customer request, the applicable GST rate is 12%.
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Is TDS Available To Packers And Movers?
TDS (Tax Deduction at Source) is available to Packers and Movers. This is a great advantage for the industry as it provides tax deductions while ensuring tax compliance at the same time. Packers and Movers can pay their taxes conveniently with the help of TDS.
It simplifies the process of tax filing, which in turn reduces the risk of incorrect payments.
What is the GST SAC Code For Packers And Movers?
The GST SAC code for packers and movers services is 9965. This code is used for all types of packing and moving services, including household, office, and industrial goods.
It is important to note that SAC codes may vary depending on the specific services the packers and movers offer.
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Is GST applicable on loading and unloading charges for household goods?
GST (Goods and Services Tax) applies to loading and unloading charges for goods transportation services. These charges are considered part of the overall consideration or price for the transportation service, and therefore, are subject to GST.
The applicable GST rate on loading and unloading charges would depend on the transportation service’s nature.
For example,
For transportation of goods by road, the GST rate is 5% for transportation of goods by a goods transport agency (GTA) and 12% for other than GTA services.
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GST Exemption On Moving Services
As per the GST (Goods and Services Tax) Act, household goods relocation services provided by a packers and movers company or goods transport agency to an unregistered person, including an unregistered casual taxable person, are exempted from GST. This exemption applies only to the transportation of household goods and personal effects, and not to commercial goods or vehicles.
It is important to note that while certain transportation services may be exempt from GST, the exemption criteria can be specific and may have certain conditions and limitations.
