Hall income

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how much exemption is available on hall income for service tax....

any basic limits?

Replies (7)
ten lacs is basix exemption limit for service tax. U should register in service tax when yr turnover goes across nine lac. In mandap service some abatement is also in service tax.

thanks but not that basic...

like room income exceeds 1000 than only tax levied and only on 30% of room income amount.

If tarrif value of room exceed Rs. 1000, then you are liable to pay service tax.
This limit of Rs. 1000 is for room but not for hall.

Service Tax on Hotel rooms rentals

Hotel accommodation, in excess of declared tariff of Rs. 1000 per day and service provided by air conditioned restaurants that have license to serve liquor are the new services which have been brought under the service tax net. While proposing to levy service tax on these services, the Union Finance Minister, Shri Pranab Mukherjee has said that the hotel accommodation with declared tariff of over Rs. 1000 per day will have to pay the service tax with an abatement of 50 per cent. This will mean an effective burden of only 5 per cent of the amount charged. Air conditioned restaurants with license to serve liquor will now be paying service tax with an abatement of 70 per cent. The effective burden will be 3 per cent of the bill only in this case.

I have recd. noties from services tax dept.  for non return filing , but we have already surrender  No. along with copy of form ST -3. now tell me what to do.

If you have filed ST3 upto the date of surrender, it is better to reply and if possible meet the concerned officer & requeset to drop the notice


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