RCM on hotel membership

163 views
User Avatar

Accountant
119 Points Posted on 03 March 2021

hi goodmorning, whether gst on rcm payable on membership fee for hotel towards sales promotion?

please share the notification

0 Reply Share Follow
On 03 March 2021 at 11:22 Report
Replies (2)
Quick Summary
This discussion clarifies whether GST is payable under Reverse Charge Mechanism (RCM) on membership fees charged by hotels for sales promotion. The consensus is that GST is indeed payable. However, it's noted that Input Tax Credit (ITC) is generally not available for such promotion expenses as per Advance Ruling Authority (AAR) pronouncements. The applicable GST rate discussed is 18%.

User Avatar

Chartered Accountant
24588 Points Posted on 03 March 2021
Yes gst is payable
In case of promotion expenses no ITC will be granted as per said by AAR.
Reply
On 03 March 2021 at 12:34
User Avatar

Accountant
119 Points Posted on 03 March 2021
Thanks for reply.what is the gst rate 18%
Reply
On 03 March 2021 at 12:51

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. GST on Fixed Assets
  2. GST ITC april 22
  3. GST PAYMENT REGARDING
  4. GST Consultation Required – June–Augus
  5. TDS Code for Salary Payment to Non-Resident Intern
  6. TDS on property
  7. Company data for software
  8. Car purchase to be eligible for ITC
  9. GST Refund on payment to builder
  10. TDS u/s 194Q on electricity supply by DHBVN etc.

More recent discussions | Post

Related Topics :

Loading