Govt clarifies on Service Charges collected by Restaurants/Hotels Service Charges Collected by Restaurants/Hotels/Eateries Retained by the Restaurants/Hotels/Eateries and are Not ‘Service Tax’ Imposed by the Government Some restaurants/hotels/eateries besides charging for the food and beverages are also charging ‘service charges’ in their bills. The proceeds of the ‘service … [Read more...] about ‘Service Charges’ collected by the Restaurants / Hotels are not ‘Service Tax’
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Service Tax
Increase in Service Tax Rate from 12% to 14% with Effect from 1st June, 2015
Increase in Service Tax Rate from 12% to 14% with Effect from 1st June, 2015 In the Union Budget, 2015, an increase in the rate of Service Tax from 12% to 14% had been proposed from a date to be notified. The Finance Bill, 2015 has since been enacted and the Central Government has notified 1st June, 2015 as the date from which the rate of 14% would become applicable. The … [Read more...] about Increase in Service Tax Rate from 12% to 14% with Effect from 1st June, 2015
Clarification Issued in the Matter of Service Tax
Clarification Issued in the Matter of Service Tax Clarification Issued in the Matter of Service Tax; Only Air-Conditioned or Air-Heated Restaurants to Pay Service Tax; Restaurants, Eating-Joints or Messes Which Do Not Have the Facility of Air-Conditioning Or Central Air-Heating in Any Part of the Establishment are Exempt from Service Tax. At present, Service Tax is chargeable … [Read more...] about Clarification Issued in the Matter of Service Tax