Taxation of hotel industries
This query is : Open
16 May 2013
would anyone tell me please applicable service tax provision related to hotel industries.....
16 May 2013
26/2012 Abatement
Point 6. Renting of Hotel, inn, guest house, club, campsite or other commercial places meant for Residential or Lodging Purpose. Tax on 60% (renting means lodging of guests)
Point 5. Bundled service of supply of food in a premise with renting of such premise (including. hotel, pandal, sahamiana, or any other place, specially for functions), 70% portion taxable
Point 6. Renting of Hotel, inn, guest house, club, campsite or other commercial places meant for Residential or Lodging Purpose. Tax on 60% (renting means lodging of guests)
Point 5. Bundled service of supply of food in a premise with renting of such premise (including. hotel, pandal, sahamiana, or any other place, specially for functions), 70% portion taxable
Message likes :
1 times
16 May 2013
In first case value of services is Rs.100 then service tax will be levied on Rs.60 only and in 2nd case on Rs.70 only @12.36%...am I right??
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- GST ON EXPORT COMMISSION
- RCM INVOICING FROM NOV-2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- ITC EXCESS CLAIM + RCM NOT PAID...BOTH FOR FY 2020-21......PAID IN FY 2024-25....EFFECT
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
