ACCOMMODATION GST RATE

Rate / HSN codes 215 views 5 replies
Pls let me know the hote room Gst rates as per latest amedments?
Replies (5)
There is no change in rates , GST will be charged on Transaction Value , instead of Declare Tarrif Rate
Refer Notification 13/2018 CT (r)
Dear Sir,

 

My Client is doing hotel business (Accommodation & Restaurant Service).

 

As per Old Law

 

Accommodation GST Rate

Declared Tariff upto     1000/-               NO GST

Declared Tariff            1000-2500          12% GST RATE ON ACCOMMODATION

Declared Tariff            2500-7500          18% GST RATE ON ACCOMMODATION

Declared Tariff            7500 ABOVE       28% GST RATE ON ACCOMMODATION

 

Example: Declared Tariff of Rs.4000/-, Discounted Price – 2300/-, they are charging 18% GST on Discounted price as per above declared tariff slab rates,

 

But, now my question is that, as per latest notification 13/2018, dated: 27/07/2018, whether they have to collect GST @ 12% on Net Rate (or) 18% on Declared Tariff Slab Rate?

 

Please help in this regard, Little bit confusion.

YES YOU ARE CORRECT , NOW THE GST WILL BE CHARGES @ 12% ON 2300/- , INSTEAD OF 18%

AS THE TRANSACTION VALUE WILL BE CONSIDER NOT A DECLARE TARRIF RATE

Thankyou very much for your valuable suggestion..

YOU ARE ALWAYS WELCOME ......


CCI Pro

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