The GST Act 2017 is a comprehensive tax regime that applies to most goods and services supplied in India. Services provided by businesses are taxable under GST depending on the nature of the service and the annual turnover of the business.

Here are some points to consider regarding passenger transcription services under the GST Act 2017:

• Nature of the service:Passenger transcription services could be classified under various GST headings depending on the specific context. For example, if the service is provided to airlines for recording passenger interviews or complaints, it could be considered an “auxiliary service” to transportation and be subject to a lower GST rate. If the service is provided to individuals for personal use, it might be classified as a “business support service” or a “personal service” with a different GST rate.
• Turnover of the business:The applicable GST rate also depends on the annual turnover of the business providing the service. Businesses with a turnover exceeding the prescribed threshold are required to register under GST and levy the tax on their supplies.
• Input tax credit:Businesses registered under GST Act 2017 are entitled to claim input tax credit on the GST paid on goods and services purchased by them, including transcription services. This can help reduce their overall tax liability.

It is important to note that these are just general considerations, and the specific GST treatment of passenger transcription services will depend on the specific facts and circumstances of each case GST Act 2017.

EXAMPLE

1. Maharashtra:

• ScribeIt (Mumbai):Offers transcription services for legal proceedings, corporate meetings, interviews, and more.
• VoiceText (Pune):Specializes in medical transcription and legal transcription services.
• Dictate India (Nagpur):Provides multilingual transcription services in English, Hindi, Marathi, and other languages GST Act 2017..

2. Karnataka:

• Verbatim Transcription Services (Bangalore):Offers a wide range of transcription services, including legal, medical, academic, and business transcription.
• Scribie India (Bangalore):Provides affordable transcription services GST Act 2017.for individuals and businesses.
• A-Script (Mysore):Specializes in legal and medical transcription with a focus on accuracy and confidentiality.

3. Tamil Nadu:

• Chennai Transcripts (Chennai):Offers legal, medical, and interview transcription services with fast turnaround times.
• Type & Talk (Coimbatore):Provides transcription services for conferences, interviews, lectures, and meetings.
• Global Transcription Services (Madurai): GST Act 2017.Specializes in multilingual transcription in over 100 languages.

4. West Bengal:

• Kolkata Transcripts (Kolkata):Offers transcription services for legal proceedings, academic lectures, and business meetings.
• Accurate Dictation Services (Siliguri):Specializes in medical transcription and provides 24/7 customer support.
• Auralink Transcription (Durgapur):GST Act 2017.Offers legal and medical transcription services with competitive rates.

5. Uttar Pradesh:

• Delhi Transcription Services (Delhi):Provides a wide range of transcription services, including legal, medical, and business transcription GST Act 2017..
• Accurate Transcripts (Lucknow):Specializes in legal and medical transcription with a focus on quality and accuracy.
• VoicePro (Noida):Offers multilingual transcription services in over 50 languages.

FAQ QUESTION

1. Are goods transcription services taxable under GST Act 2017?

Yes, goods transcription services provided by a registered business are taxable under GST Act 2017. The specific rate will depend on the nature of the service and the turnover of the business.

2. How is the rate of GST determined for goods transcription services?

There are several possibilities depending on the specific context:

• Auxiliary service to transportation:If the service is provided to airlines, shipping companies, etc., for recording customer interactions or complaints, it could be considered an auxiliary service to transportation and attract a lower GST rate (around 5%).
• Business support service:If the service is provided to businesses for transcribing legal documents, meetings, interviews, etc., it might be classified as a business support service with a standard GST rate (around 18%).
• Personal service:If the service is provided to individuals for personal use, like transcribing recordings or lectures, it could be categorized as a personal service with a higher GST rate (around 28%).

3. Do I need to register under GST Act 2017 if I provide goods transcription services?

It depends on your annual turnover. If your turnover exceeds the prescribed threshold (currently Rs. 20 lakhs in most states), you are required to register under GST and levy the tax on your supplies.

4. Can I claim input tax credit on the GST paid for goods transcription services?

Yes, if you are a registered business, you can claim input tax credit on the GST paid on goods and services purchased by you, including transcription services. This can help reduce your overall tax liability.

5. What documents do I need to maintain for GST Act 2017 purposes?

You need to maintain various documents related to your transactions, including:

• Invoices issued for goods transcription services
• Records of purchases of goods and services (including transcription services)
• Payment receipts
• Bank statements

6. Where can I find more information about GST and its implications for my business?

The best way to get accurate and up-to-date information is to consult a qualified tax advisor. They can help you determine the correct GST Act 2017 classification for your services, ensure compliance with the GST Act 2017, and advise you on the optimal tax structure for your business.

CASE LAWS

I understand you’re seeking case laws specifically related to Goods Transcription Services under the GST Act 2017. While I can’t provide legal advice or interpret specific laws, I can offer some resources and information that might be helpful for your research:

1. Search for Relevant Case Laws:

• GST Advance Rulings Database:This online database maintained by the GST Council contains rulings issued by various State and Central Advance Ruling Authorities pertaining to the interpretation of the GST Act 2017. You can search the database using keywords like “transcription services,” “goods,” and “GST classification” to see if any rulings are relevant to your case.
• Law portals:Various online legal portals like Taxscan, VakilNo1, and Bar & Bench provide access to legal judgments and orders, including those related to GST. You can use their search features to find cases related to similar services or issues.
• Official websites of government departments:Websites of the Central Board of Indirect Taxes & Customs (CBIC) and state GST departments sometimes publish summaries of important case laws or rulings.

2. Consider Relevant Sections of the GST Act 2017:

• Section 7 of the GST Act 2017 defines “supply”: It broadly covers any activity related to the transfer of goods or services for consideration. Understanding how transcription services fit into this definition could be helpful.
• Schedule I of the GST Act 2017 lists various taxable goods and services: While there’s no specific entry for “goods transcription services,” you might find similar services or related goods that can provide insights into the potential classification.
• Chapter V of the GST Act 2017 deals with Input Tax Credit: If the recipient of transcription services is a business, understanding how they could claim Input Tax Credit on the GST paid could be relevant.

3. Additional Resources:

• Circulars and clarifications issued by the CBIC: These documents provide interpretations and clarifications on specific provisions of the GST Act 2017. You can search for them on the CBIC website using relevant keywords.
• Professional bodies and industry associations: Some professional bodies like the Institute of Certified Professional Accountants (ICPA) or industry associations might have published guidance or resources on the GST implications of specific services.