Blogs
Rate of tax for hotel accommodation – after 37th GST Council’s recommendation
Sep ‘19 The rate of tax for the accommodation services up to 30th Sep ’19 is as below: Old rate
|
Transaction value per unit per day |
GST (new rate of tax) |
|
Less than INR 1,000 (per unit) |
Nil |
|
INR 1,000 to INR 2,499 |
12 percent |
|
INR 2,500 to INR 7,499 |
18 percent |
|
INR 7,500 and more |
28... |
Impact of Kerala Flood Cess –GST
Introduction and background
In August 2018, the State of Kerala faced a devastating flood due to high rainfall which was the worst flood in nearly a century. There was huge loss to the assets, revenue of the State. As a result, the State of Kerala proposed for levy of additional cess in GST which was approved by the GST council in its 32nd Council meeting held on 10th January 2019. The council approved the proposal of State of Kerala to mobilise the revenue through levy of additional cess...
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