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Valuation of service tax

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(Querist)
19 September 2016 If a Hotel's declared tariff for some rooms are below Rs 1000 and such 10 rooms are rented to an corporate client for year, Does Service Tax is applicable in such receipt.
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Arun Kumar Singh

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Arun Kumar Singh (Expert)
19 September 2016 If tariff is less than of Rs. 1000/- then no need to pay service tax on it.
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HIM

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HIM (Querist)
19 September 2016 Are you sure because the rooms are rented for years for a single client and payment is receipt on lumpsum basis.
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