Hi,
I had a few queries on Luxury tax in kerala. I am organising a party in a 4*/5* hotel in kerala in May'13 and the hotel guys have said that i need to pay some luxury tax. Have a few queries with regards to this. Just thought if anyone could help me with this.
- I believe as a normal customer we are liable to pay this tax, is this correct?
- Is there any revision proposed in the financial budget 13-14 for luxury tax.? Is there an increase proposed? What is the current rate in kerala?
- In case there is an increase in Luxury Tax and if i pay the full bill in advance before 31/03/13, Will i have to pay the difference amount when the actual event happens (i.e May'13)?
- I found a comment suggesting that we only need to pay tax on 70% of a Banquet/Party bill, is this true or does it depend on the state rules?
Would really appreciate if someone could help me with this as soon as possible.
Thanks,
Vinod Nair