Point no. 18 of notificaiton no. 25/2012
This query is : Resolved
06 October 2012
Dear Sirs,
Point No. 18 of Service Tax Notification No. 25/2012 (for exempt services) reads as follows:
"services by way or rent of hotel, inn, guest house, club...........................................below rupees on thousand per day or equivalent."
(1)If declared tariff value is Rs.999 it will be exempt.
(2)If the declared tariff value is Rs.1001 per day, it will be taxable.
(3) What if declared tariff value is Rs.1000 per day? Please read carefully before replying. Thanks in advance.
Point No. 18 of Service Tax Notification No. 25/2012 (for exempt services) reads as follows:
"services by way or rent of hotel, inn, guest house, club...........................................below rupees on thousand per day or equivalent."
(1)If declared tariff value is Rs.999 it will be exempt.
(2)If the declared tariff value is Rs.1001 per day, it will be taxable.
(3) What if declared tariff value is Rs.1000 per day? Please read carefully before replying. Thanks in advance.
06 October 2012
Below Rs. 1000 means it should be less than Rs. 1000 and if the declared tariff is Rs. 1000 then ST will be applicable
06 October 2012
Clause 18 of notification 25/2012 reads as follows:-
Services by way of renting of a hotel, inn, guest house, club, campsite or other commercial places meant for residential or lodging purposes, having declared tariff of a unit of accommodation below rupees one thousand per day or equivalent.
Here the last word 'equivalent' may be noted which means if rent is Rs. 1,000/-, exemption can be availed.
Services by way of renting of a hotel, inn, guest house, club, campsite or other commercial places meant for residential or lodging purposes, having declared tariff of a unit of accommodation below rupees one thousand per day or equivalent.
Here the last word 'equivalent' may be noted which means if rent is Rs. 1,000/-, exemption can be availed.
06 October 2012
Dear Warrierji,
If Rs. 1000 was exempted then why do they use the word "below Rs. 1000"????
If Rs. 1000 was exempted then why do they use the word "below Rs. 1000"????
06 October 2012
The intention of the legislature, on a reading of the referred clause, is "an amount less than or equal to Rs. 1000/- is exempt".
11 October 2012
Thank you so much!
Message likes :
1 times
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
- Reopen of assessment proceeding
- Is any professional CA is here please reply
- EPF FULL & FINAL RULES IN 2026
- Reprocessing of rectification order AY 2025-26
- FTS Taxable under 115A
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Experts need help
- Putting a heading on received mail
- Rental income gst and it purpose
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
