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