GST must for parking services

The GST Department on Monday clarified that GST of 18% was applicable on parking lot services and the contractors were concerned were advised to pay the tax from their collections without fail.

GST Deputy Commissioner N. Srujan Kumar said doubts had been raised regarding the collection of GST on parking charges at railway station and such public places.

“It is informed that under the GST law, “Parking Lot Services” fall under HSN Code No.996743 and liable to GST at18% on the parking charges paid,” he stated in a press release issued here on Monday.

The contractors were told to contact the local Central GST Seva Kendras on registration, filling of returns and payment of taxes.