Thursday, 4 June 2015

AC restaurants are liable to pay service-tax at 5.6% from June 1, 2015; FinMin clarifies

ST LAWS : Section 66E(I) of the Finance Act, 1994, Read with Rule 2C of the Service Tax (Determination of Value) Rules, 2006 – Declared Services – Valuation of Services Provided in Relation to Serving of Food or Beverages by a Restaurant, Eating Joint or a Mess Having Facility of Air-Conditioning or Central Air-Heating in Any Part of Establishment- Clarification on Rate of Service Tax on Restaurant Service

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