Hotel Services
This query is : Resolved
24 May 2011
My Query is what if hotel has 2 types of rooms. One having tariff above Rs 1000/- and other below Rs 1000/-. Which tariff should be considered for registration purpose (For thresh hold limit of Rs 10,00000/-)Please let me know asap..
thanks
thanks
24 May 2011
Registration will be applicable on basis of turnover basis whether it is taxable or exempt. You should be consider both tariff.
25 May 2011
For determining the limit for registration and exemption, value of service in relation to rooms bearing tariff below Rs. 1000/- will not be reckoned.
04 June 2011
Thank you both..but your views are contradictory..my query remains open..which one to follow..pl leme know
04 June 2011
It is the aggregate value of taxable service, relevant part of the definition is extracted as shown below.
"...The sum total of first
consecutive payments received during a financial year towards the gross amount, as
prescribed under section 67 of the said Finance Act, charged by the service provider
towards taxable services till the aggregate amount of such payments is equal to four
lakh rupees but does not include payments received towards such gross amount
which are exempt from whole of service tax leviable thereon under..."
"...The sum total of first
consecutive payments received during a financial year towards the gross amount, as
prescribed under section 67 of the said Finance Act, charged by the service provider
towards taxable services till the aggregate amount of such payments is equal to four
lakh rupees but does not include payments received towards such gross amount
which are exempt from whole of service tax leviable thereon under..."
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