GST is not applicable on several essential services to keep them affordable for the public. Understanding these exemptions helps businesses ensure proper compliance and avoid unnecessary tax costs.
Key GST Exempt Services:
🏠 Residential Rent
Renting a residential property for living purposes is fully exempt from GST. (Commercial rent is taxable)
🏥 Healthcare Services
Hospital treatment, doctor consultation, and ambulance services are GST-free.
🎓 Education Services
School education up to higher secondary level, including admission and exam services, is exempt.
🌾 Agricultural Services
Farm labour, cultivation, warehousing, and storage of agricultural produce are exempt.
🏦 Financial Services
Interest on loans and deposits is exempt. However, processing fees are taxable.
🚌 Public Transport
Travel by metro, non-AC bus, auto-rickshaw, and non-AC train is GST exempt.
🏛 Government Services
Passport, driving licence, and birth certificate services are GST-free.
Important Note for Businesses:
If you provide exempt services, GST is not charged—but Input Tax Credit (ITC) cannot be claimed.
Need clarity on GST applicability for your business?
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