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CBIC NOTIFICATION ON HOTELS
18% GST instead of 5% to be charged on dining in a hotel if room rent per night is above this; know how much more it will cost?GST: From April 1, 2025 restaurants inside hotels will have to charge 18% GST from customers instead of 5% previously if the said restauran...- Restaurant services in hotels with room rent above Rs 7,500/day fall under 18 pc GST: CBICHotels charging room rent above Rs 7,500 a day will be considered 'specified premises' from April 1, 2025. Restaurant services in such prem...
- Govt cuts windfall tax on domestic crude, hikes duty on diesel, ATFThe Indian government has reduced the windfall gain tax on domestically produced crude oil to ₹6,700 per tonne from ₹7,100 per tonne. The e...
- CBIC waives penalty on B2C QR code implementation till September 30Government had waived the penalty for non-compliance back in November 2020, for the period between December 1, 2020 and March 31, 2021, whi...
- CBIC extends penalty waiver on dynamic QR Code implementation till June 30, 2021According to a notification issued Tuesday, the Board said that the three-month waiver will be applicable subject to the condition that com...
- CBIC exempts banks, financial institutions, exports from dynamic QR Code on e-invoicesDynamic QR code for B2C transactions is meant to encourage digital payments by the buyers but can potentially be used to check tax leakages...
- CBIC waives penalty on QR code on e-invoices till March 31, 2021QR code for B2C transactions is meant to encourage digital payments by the buyers but can potentially be used to check tax leakages as well...
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