05 February 2016
Dear Sir / Madam, we are in to the hotel business providing service of short term accommodation services. I just want to know, 1. What vat rate is applicable to us ? & on what amount? 2. whether luxury tax is applicable on room rent including complimentary breakfast or only on room rent? 3. whether service tax is applicable separately on room rent & food bill with taxable portion 60 % & 40% respectively ? Please help asap.
CAclubindia
