Packers and Movers is a specialized business niche that involves the best transportation services to meet the relocation needs of an individual or a company office.
Whether you’ve to relocate due to a job change or some personal reason, the task of moving will be a hectic one. Apart from the cost of transportation, packing all your stuff and loading them into the vehicle will be another daunting task. That’s where a Packers and Movers company comes to your aid.
The best Packers and Movers in Noida will not only help you with your overall transportation needs but also offer the best GST rate in India. Yes, you’ve read that right. GST is applicable for packers and movers services in India. After the announcement of the GST system in 2017, there have been some changes made to the tax application on moving services.
Today, you’ll learn all about GST for packers and movers and how this upgraded taxation system has impacted this service in India. Before scorching the GST rates offered by nearby packers and movers let’s take a look at the one-line definition of what GST is.
GST, abbreviated for Goods and Services Tax, is an indirect tax system introduced by the Government of India to its people. This new taxation system involves five tax slabs ranging from 0% to 28%. So, let’s move on to the main part.
GST Rates Applicable on Packers and Movers Services
Like every other service, Packers and Movers services also fall under the GST taxation system. As the name clearly defines, it is a mixed service involving transportation services (movers) and labor services (packers). So, in general, GST rates applicable for the services of packers and movers in Noida are as follows:
For Transportation Services (Movers):
Typically, the GST rate applicable for transportation services is 5%. If you decide to opt for only transportation (moving) service from a packers and movers company, a 5% GST rate will be imposed for the service.
For Transit Insurance
If you want to opt for insurance services on transportation while relocating, you’ll be charged 18% as your GST rate.
For Comprehensive Packers and Movers Services
If you opt for the overall services of the nearby Packers and Movers company, including services for packing, loading, transporting, and unloading, you’ll be charged 18% GST on your bill.
For Cargo Movement
You may find some packers and movers offer “cargo movement.” It’s nothing but the relocation services. If that’s the scenario, the GST rate imposed on services will be 5%.
Key Takeaway: You must remember that the standard GST rate applicable for packers and movers services in India is 18%, provided you’re not opting for transportation services only. Don’t get confused with the rates. 5% GST is applicable for only transportation services (movers), whereas 18% is applicable for the complete range of services (packing, loading, unloading, etc.).
GST Exclusion on Transportation
If you transport goods without hiring any professional agency for such relocation services, you’ll get a tax exemption under GST. So, if you use a private vehicle to transport goods from one location to another, you won’t have to pay GST as you won’t be using any services. Plus, transportation of goods through inland waterways falls under the GST tax exemption.
Agarwal Packers & Movers – The Best in the Business!
If you’re looking for trustworthy, reliable, and experienced packers and movers in India, you must choose Agarwal Packers and Movers. This well-reputed company has ensured top-notch logistics and transport solutions to their clients for the last 37 years. With four decades of experience, minimal cost, and innovative logistical solutions, it’s undoubtedly the best go-to option for all your relocation needs.
EndNote
The best part is that the company is transparent about its GST rates on services. It offers the GST rate as per the standard rates set by the government as discussed above. They explain everything in detail so you won’t have to worry about surprise costs. Overall, it’s the best in the business. You can check their website for more info.
