whether there is any notification about room rent after discount below 1000 but before discount more than 1000 exempt from GST liability.
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gst on hotel room rent
Replies (4)
For the purpose of checking eligiblity of exemption discount will be ignored.
Therefore since rent before discount is more than 1000 it is not exempt.
However the value on which gst will be applied is the discounted rent.
Therefore since rent before discount is more than 1000 it is not exempt.
However the value on which gst will be applied is the discounted rent.
Agree with Khanna saab
Agree with Khanna saab
As per the Notification 13/2018 CT (r) :
for the words “declared tariff” wherever they occur, the words “value of
supply” shall be substituted;
Hence If your Declare tarrif is Say 1500/- but & Being charged only 900/- (600 Discount Paid) then your supply will be accounted to be for 900/- & below 1000/- it's exempted As per Notification 12/2018
Note :Earlier in the Hotel industry for calculating GST rate slabs on accommodation service Declared tariff value would be considered but now the rate of tax would be decided on the basis of Value of supply instead of declared tariff.
for the words “declared tariff” wherever they occur, the words “value of
supply” shall be substituted;
Hence If your Declare tarrif is Say 1500/- but & Being charged only 900/- (600 Discount Paid) then your supply will be accounted to be for 900/- & below 1000/- it's exempted As per Notification 12/2018
Note :Earlier in the Hotel industry for calculating GST rate slabs on accommodation service Declared tariff value would be considered but now the rate of tax would be decided on the basis of Value of supply instead of declared tariff.
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