Friends,
Notification 26/2012 was issued after the introduction of the neagative list of service tax, on issuing the same does it superceed/substitute the earlier notification of 1/2006 giving out abatements
For example for short term accomodation service the abatement was 50% prior to 01.07.2012, now there is no specific one for short term accomodation only a entry for lodging is notified with abatement of 40% after 01.07.2012. Now which one holds good for today?
Notification No.34/2011 – Service Tax
|
(1) |
(2) |
(3) |
(4) |
(5 |
|
14. |
(zzzzw) |
Services provided or to be provided, to any person, by a hotel, inn, guest house, club or campsite, by whatever name called, in relation to providing of accommodation for a continuous period of less than three months; |
-
|
50 |
Notification No. 26/2012- Service Tax
|
Sl. |
Descripttion of taxable |
Percent- age |
Conditions |
|
(1) |
(2) |
(3) |
(4) |
|
6 |
Renting of hotels, inns, guest houses, clubs, campsites or other commercial places meant for residential or lodging purposes. |
60 |
Same as above. |
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