Chaired by acting finance minister Piyush Goel, the Council, in a statement, stated that the hotel industry had been given a major relief by computing the rate of tax on accommodation service on the basis of the transaction value instead of the declared tariff. Reacting to the move, Dilip Da...
Anyone who operates an online accommodation platform or online sales platform or provides streaming services must be registered to collect RST. Since there are no economic nexus thresholds for out-of-province sellers, they must be registered from the first sale. How to register to collect tax ...
You can also claim an ITC for any GST/HST you prepaid for rent, royalties, or similar payments that relate to the period after you became a registrant. You cannot claim an ITC for the GST/HST you paid or owe on services or accommodation you consumed, used, or supplied during a period...
The 52nd GST council has recommended clarity w.r.t personal guarantee given by a director and Corporate Guarantee including GST taxability on the same. This has been a long pending issue.
Therefore, it is classifiable under sub-heading 996311 under 'Room or unit accommodation services provided by Hotels, Inn, Guest House, Club and the like' and not under Sl. No. 74 of Services Exemption Notification which is applicable to services falling under the Heading 9993...
The GST-registered employer has provided accommodation in a hotel, inn, boarding house or similar establishment free to the employees. Taxable Value of Fringe Benefits Next, it is crucial for a GST-registered employer to determine the value of the taxable fringe benefits once it has ascertained ...
The purchaser relied on the Commissioner’s ruling (GST 2000/20) to support its contention that it was the physical characteristics of the premises which both determined whether they were residential premises and whether they were to be used predominantly for residential accommodation. The Court obser...
at designated airports and ports only and the refund of the GST paid on retail purchase by the foreign tourists during their stay in India is allowed. A part of the eligible amount of refund will be deducted as handling fee for services rendered. GST law drafting Committee may provide for ...
Services performed in Singapore; Goods which are wholly or partly consumed in Singapore; Goods purchased for business or commercial purpose; Goods exported by freight; Accommodation in hotel, hostel, boarding house or similar establishments; and ...
The case involved the proper characterisation of the supply by Australian travel agents or tour operators to non-resident travel agents or tour operators in booking or arranging accommodation, goods and services for the customers of the non-resident travel agents or tour operators, namely the non-...