Common questions

Is GST applicable on banquet hall?

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Is GST applicable on banquet hall?

If supply of Banquet Hall is provided along with Food (i.e. Bundled Service), it may be taxed @ 5\%. However, where service of Banquet Hall provided solely, it is taxable @ 18\%…

Is GST applicable for marriage hall?

GST on marriage garden and hall booking is also 18 per cent, same as most other wedding services. The GST rate on most of these services is from 18 to 28 per cent.

What is the GST rate for catering services?

18\%
GST Rates on Eating Out from 1st October 2019

S No Type of Restaurants GST Rate
5 Normal/composite outdoor catering within hotels (Where room tariff is less than Rs 7,500) 5\% without ITC
6 Restaurants within hotels* (Where room tariff is more than or equal to Rs 7,500) 18\% with ITC

What is specified premises in GST?

*Specified premises means premises providing hotel accommodation services having declared tariff of any unit of accommodation above seven thousand five hundred rupees per unit per day or equivalent.

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What is banquet tax?

This tax is levied on activities related to the holding of banquets. Banquet Tax is administered and collected by the local tax bureaus. The revenue collected belongs to the local governments.

Is GST applicable on export of software services?

Question 5: What is the rate of tax on IT services? Answer: The rate of GST on IT services is 18\%. Question 6: Whether exports of software services attract GST? Answer: Exports and supplies to SEZ units and SEZ developers are zero-rated in GST.

What is the GST rate for resorts?

Hospitality and Tourism under the GST Regime

GST Rates for Hotels based on Room Tariff (Up to 30th September 2019)
< Rs.1,000 No Tax
Rs.1,000 -2,499.99 12\%
Rs.2,500 -7,499.99 18\%
= or > INR 7,500 28\%

Is GST charged on accommodation?

Leasing residential premises and accommodation through the sharing economy are examples of supplies that do not attract GST. If you have an apartment that’s part of commercial residential premises, it’s treated like other residential rental properties. You aren’t subject to GST as the rental charge is input taxed.

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What is restaurant service GST?

GST composition scheme rules The individual should not be engaged in any other service other than restaurant (except some services like interest and exempt services). Restaurants cannot make inter- state outward supply of goods. Cannot supply any items exempt under GST such as alcohol.

Is GST applicable on food delivery?

From January 1, food delivery apps will have to collect and deposit 5 per cent GST with the government, in place of restaurants, for deliveries made by the platforms.

What is not exempted under GST?

Goods like petrol, alcohol, etc that for human consumption and non-taxable do not attract GST for supply under the GST Act. The supply of goods to the SEZ that is Special Economic Zone or SEZ developer comes under GST exemption list. These goods include fresh vegetables, fresh milks, and so on.

Is TDS applicable on catering services?

TDS on catering services is required to be deducted under Section 194C of Income Tax Act 1961 at the rate of 1\% or 2\% (as the case may be) for payments to residents.

What is the GST rate applicable to banquet hall services?

However, a banquet hall provides both leasing and catering services. Therefore, one can safely assume that banquet services fall under HSN 996334, because of which the GST rate applicable to banquet services is 18\%.

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What is the GST rate for marriage hall in India?

GST Rate for Marriage Hall, Banquet Hall, Conference Center, etc. 18\% GST rate is applicable on bundled service by way of supply of food or any other article of human consumption or any drink, in a premises (including hotel, convention center, club, pandal, shamiana or any other places.

What is the taxable event under GST?

Under GST the taxable event is SUPPLY. This term is defined u/s 7 of the Act which includes all forms of supply such as sale, transfer, barter, exchange, license, rental, lease or disposal of goods or services or both made or agreed to be made in the course or furtherance of business and for a consideration,

What is the GST structure for restaurants?

The GST structure combines the VAT and service tax portion of a customer’s food bill into one single rate; however, a customer may still find service charges levied. Assume you consumed food worth Rs. 2,000 at a restaurant.

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