Expenditure tax imposed on hotel and restaurant spending, commencement to be appointed by government notification. The Act creates an Expenditure-tax on expenditure incurred in specified hotels and restaurants, names the statute the Expenditure-tax Act, 1987, limits ... Summary
Expenditure tax imposed on hotel and restaurant spending, commencement to be appointed by government notification.
The Act creates an Expenditure-tax on expenditure incurred in specified hotels and restaurants, names the statute the Expenditure-tax Act, 1987, limits territorial extent to India with an exclusion for Jammu and Kashmir, and provides that commencement is by notification of the Central Government in the Official Gazette.
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