service tax rate

[somnath jana]

dear sir,

pl.sent service tax rate chart 2012-13 on hall charges in hotel & restaurant

[Guest]

 

Please find below the charges of Service Tax which will suffice your need.

Service Description	Applicable w.e.f. 1st April 2012		Proposed abatement (reduced)  in the Union Budget 2012-13   (would  not be effective till the  Finance Bill 2012  is passed)
	Present Abatement	Service Tax @12.36%	Proposed Abatement	Service Tax @12.36%
Hotels -Room Rent (Having tariff of Rs. 1000/- and above)	50%	6.18%	40%	7.416%
A/c Restaurants( Having Licence to serve the liquor)	70%	3.708%	60%	4.944%
Mandap Keeper	40%	7.416%	30%	8.65%

 Thanks & Regards

 

 

Saji

[NARESH PUSOLA]

Dear Sir,

 

Kindly let us know what is the service tax  rates for the Works contract work. 

 

Thanks

 

Regards

 

Naresh

 

 

 

[Guest]

 

In Works Contract Services, both service provider and service recipient is the persons liable to pay tax.

If services are availed  under “WORKS CONTRACT SERVICES” and if the service provider is an Individual, HUF, Partnership firm, or AoP, then service receiver will have to pay service tax  12.36%  of  50% of Taxable Amount & service provider have to pay remanning 50% of Taxable Amount.

 

[NARESH PUSOLA]

Kindly let us know the % of service tax to be charged to the client. As we are doing the Interior work including material and labour component. 

 

Please let us know the % of service tax to be charged to the client as per new Changes done in the Service tax by the Government.  

AI Summary

Service tax abatement changes affect hotel, restaurant and mandap charges; works contract liability split for specified providers continues. Service tax on hospitality and event services operates through abatements that determine the taxable portion of hotel room rents, air conditioned restaurant services with liquor licence and mandap keeper charges; the document compares present and proposed lower abatements and the resulting effective service tax on the taxable amount. For works contract and interior services combining materials and labour, if the provider is an individual, HUF, partnership or AoP, the service recipient must pay tax on half the taxable amount while the provider pays tax on the remaining half.