Gst on hotel rooms

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4 Points Posted on 19 March 2021
what % of Gst applicable for Oyo rooms and TDs applicability??
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On 19 March 2021 at 20:56 Report
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This discussion clarifies the Goods and Services Tax (GST) applicable to hotel room bookings. The GST rate depends on the room's tariff: no tax applies for rooms up to £1,000, 12% for rooms between £1,001 and £7,500, and 18% for rooms above £7,501. It also clarifies that Tax Collected at Source (TCS) at 1% is applicable, not Tax Deducted at Source (TDS).

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analyst
44 Points Posted on 20 March 2021

Applicability of GST is based on room tariff:

 Upto Rs.1,000 - No Tax 

  Rs. 1,001 -7,500 - 12%

  Onwards Rs.7,501 - 18%

 

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On 20 March 2021 at 02:31
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229 Points Posted on 20 March 2021
Tcs will be applied not tds rate of tcd @ 1 percent
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On 20 March 2021 at 12:36

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