06 October 2012
Clause 18 of notification 25/2012 reads as follows:- Services by way of renting of a hotel, inn, guest house, club, campsite or other commercial places meant for residential or lodging purposes, having declared tariff of a unit of accommodation below rupees one thousand per day or equivalent. Here the last word 'equivalent' may be noted which means if rent is Rs. 1,000/-, exemption can be availed.
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