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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 .....

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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 .....

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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. .....

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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 .....

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