3. How does GST apply to hotel rent? Earlier, there used to be a flat GST of 18% on hotel rooms. To this, the government gave further relief by the way of imposing GST tax on lodge service based on the transactional value rather than the declared tariff. This reform was introduced at...
It also added “GST applicable on hotels varies according to the room tariff. Rooms with a tariff of Rs 2,500-7,500 per night attract a rate of 18%, and rooms with a tariff of Rs 7,500 and above per night attract a rate of 28%. This makes the premium/luxury hotels and resorts ...
Reacting to the move, Dilip Datwani, president, Hotel and Restaurant Association of Western India (HRAWI), said, “This is a welcome move. GST rate on declared tariff was incorrect and caused confusion for guests. We greatly appreciate the move and thank the GST Council for bringing about t...
Restaurants in hotel premises having room tariff of Rs 7500 and above, telecom services, IT services, branded garments and financial services, Outdoor catering 5) Items under 28% tax slab Bidis, molasses, pan masala, aerated water, paint, sunscreen, wallpaper, ceramic tiles, water heater, dis...
Restaurants in starred hotels where the room tariff is less than INR 7,500 per unit per day: liable to GST at 5%, without availability of input tax credit Food parcels / takeaways will be leviable to tax at 5%, without availability of input tax credit. Tax on outdoor catering will cont...
what is the rate of gst on online lottery ? and whether reverse charge mechanism is attracted on sale through online lottery by an agent ( who is not a distributor) 19 June 2017NANDAN What is GST if room tariff to stay is less than 2500 rs ...