Friday, July 27, 2018

[Video] Changes in GST on Hotels & Catering Services from 27.07.2018

Changes in GST on Hotels & Catering Services

Video Tutorial by CA Satbir Singh (Voice in Hindi , Slides in English)  explaining Changes in GST on Hotels & Catering Services

Hotel industry has been given major relief by providing that the rate of GST on accommodation service shall be based on transaction value instead of declared tariff.

Rationalize entry relating to composite supply of food and drinks in restaurant, mess, canteen, eating joints and such supplies to institutions (educational, office, factory, hospital) on contractual basis at GST rate of 5%;

It has been clarified that the scope of outdoor catering (GST Rates of 18%) under 7(v) is restricted to supplies in case of outdoor/indoor functions that are event based and occasional in nature.

 

 

 

 

 

 

 

The post [Video] Changes in GST on Hotels & Catering Services from 27.07.2018 appeared first on Tax Heal.



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