Hotel restaurants charge 18% GST if room rent exceeds Rs 7.5K per day: CBIC - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Hotel restaurants charge 18% GST if room rent exceeds Rs 7.5K per day: CBIC

Hotels charging a room rent above Rs 7,500 a day at any time in any financial year will be considered 'specified premises' for the next fiscal and restaurant services provided inside such premises will attract 18 per cent GST with input tax credit, the CBIC said on Thursday.


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