may i know the service tax rate for hotels and lodges
is there any abatements for lodges
urgent
C.A. R. Surya Prakash
(CA FInal)
(118 Points)
Replied 30 December 2011
As per notification issued in this respect, effective from 1sr May 2011
13 (zzzzv) allows 70% abatement for services provided by restaurants (or what ever name called), with air conditioning in any part of establishment & having licence to supply alcoholic beverages.
14 (zzzzw) allows 50% abatement for hotels, inns, etc, which provide continuous accomodation for less than 3 months.
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
