Feedback   New User   Login      
Tax Management India. Com TMI - Tax Management India. Com
Acts / Rules Notifications Circulars Tariff/ ITC HSN Forms Case Laws Manuals Short Notes Articles SMS News Highlights
        Home        
Extracts
Home List
← Previous Next →

Amidst GST, a nightmare for Hospitality Sector

Cenvat Credit - By: - Anish Goyal - Dated:- 27-10-2016 - Service Tax on renting of hotels, inns, guest houses, clubs, campsites or other commercial places meant for residential or lodging purposes has to be charged at the rate of 60% ( i.e. abatement .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

reads as under: Sl. No. Description of taxable service Percentage Conditions 6 Renting of hotels, inns, guest houses, clubs, campsites or other commercial places meant for residential or lodging purposes. 60 Same as above. The condition mentioned in .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

on CENVAT Credit on inputs and capital goods for accommodation services provided by a hotel will not be available; however, they were eligible for CENVAT Credit of service tax paid on input services. Recently, vide Notification No. 38/2016-ST dt. 30. .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

onal Connectivity Scheme Airport. 10 CENVAT credit on inputs, capital goods and input services, used for providing the taxable service, has not been taken by the service provider under the provisions of the CENVAT Credit Rules, 2004. The condition me .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

Discussion Forum
what is new what is new
 


Share:            

|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version