FOR INDIA'S BEST CA CS CMA VIDEO CLASSES CALL 9980100288 OR VISIT HERE
PREDICT YOUR RANK!
Answer below questions and predict your rank
  • How important it is for you to pass the exam in this attempt?
  • What percentage of course you have finished well so far roughly?
  • How many hours you study in a day?
  • How many times you have revised the topics you have finished
  • Have you taken online or pen drive or live class from a renowned faculty?
  • What percentage of the classes you have watched?
  • Have you attempted mock tests or practice tests yet?
  • Are you planning to attempt mock tests conducted by external bodies- ICAI, ICSI, ICMAI or other institute?
  • How many tests you have taken?
  • Did you manage to finish the test papers on time?
  • Are you strictly following study material provided by the exam conducting authority such as ICAI/ICSI/ICMAI/Other Body?
  • How is your health in general?
  • How is your food habit?
  • Any interest in yoga or exercise or play sports regularly?
  • Planning to sleep well nights before the exams?
  • Planning to have light food and water before exams?

Taxes: What is service tax for non ac hotels and restaurant?

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 asked

    0       0 Answer Now Comment Report
4 Answers
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Air conditioned hotels and restaurants attract a service tax on 40 per cent of the billed amount , therefore 14 per cent service tax on food/beverage in air conditioned hotels and restaurants calculated on 40 per cent of bill amount will make Effective service tax rate to be 5.6 per cent

    0       0 Comment Report
Important Note – Preparing for CA Final?
CAKART provides Indias top faculty each subject video classes and lectures – online & in Pen Drive/ DVD – at very cost effective rates. Get video classes from CAKART.in. Quality is much better than local tuition, so results are much better.
Watch Sample Video Now by clicking on the link(s) below – 
For any questions Request A Call Back  
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

For the service provided by restaurant for the supply of food/drink, service tax is liable only if it is air conditioned. Therefore no service tax is applicable for non AC hotels & restaurants. visit [CAKART provides the best video Lecture and Online classes, coaching for Chartered Accountant CA FINAL, CA Intermediate | CA IPCC, CA Foundation | CA CPT Exams; Company Secretary CS FINAL] to avail discount use my ambassador code :CAKARTAMB1671782 for more article visit https://www.cakart.in/blog http://cakart.in

    0       0 Comment Report
Open uri20170510 32134 ng4pv?1494421709 answered

The finance ministry has clarified that no Service tax will be levied on customers dining in restaurants without air conditioning facility or central heating. Air conditioned hotels and restaurants attract a service tax on 40 per cent of the billed amount , therefore 14 per cent service tax on food/beverage in air conditioned hotels and restaurants calculated on 40 per cent of bill amount will make Effective service tax rate to be 5.6 per cent **SERVICE TAX NOT APPLICABLE FOR NON - AC HOTELS & RESTAURANT.**

    4       0 Comment Report
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Dear Kruthika, As per many clearification given by the ministry Service tax is not applicable on such restaurant eatries etc who's have no AC facility in the premises however vat as per the state policy on product sold is applicable accordingly. so in nut sell Service tax is not applicable on non ac hotel and restaurant. VAT as per the state vat act may be applicable of some product. Any other query feel free to contact us. Writer CA Chitranjan Agarwal

    1       0 Comment Report
Get Notifications
Videos
Books
Notes
Loading
Watch best faculty demo video classes

These top faculty video lectures will
help u prepare like nothing else can.