New Service Tax Structure a Step Closure Towards Proposed GST



New Service Tax Structure a Step Closure Towards Proposed GST Service Tax Regime on Hotel Accommodation, Restaurant Services Restructured 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 serviceswhichhave been brought under the service tax net.While proposing to levy service tax on these services, the Union Finance Minister,ShriPranabMukherjeehas said that the
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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