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St on hotal industry

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 January 2016 Dear Experts,
plz let me know how much ST need to charge on hotel bill, any abatement also provide the Notification for the same..

Regard
Atul Bansal

09 January 2016 As per Notf. No. 26/2012, dt 20/06/2012
1)Hotels having room Tariff of Rs. 1000/and above have to pay the Service Tax on 60% of Room Tariff @ 14% (the net rate of Service Tax comes to 8.4%).

2)Restaurants, the Service Tax is applicable on 40% of the F & B Bill @ 14% (the net rate of Service Tax comes to 5.6%)
Rgds:-
CA. Daya Shankar Singh

10 January 2016 Swachh Bharat Cess is also applicable over & above Service Tax @ 0.5% on taxable value.

11 January 2016 Service tax after SBC@0.5 it will be 8.7 &5.8% respectively.


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