Abatement - Renting of hotels, inns, guest houses, clubs, campsites or other commercial places meant for residential or lodging purposes. - Service Tax Practice Manual / Ready Reckoner - Service Tax

Sr. No. 6 Renting of hotels, inns, guest houses, clubs, campsites or other commercial places meant for residential or lodging purposes. (w.e.f. 1.7.2012) Scope of abated service - Notification no 26/2012-ST dated 20.6.2012 From 1.7.2012 6. Renting of hotels, inns, guest houses, clubs, campsites or other commercial places meant for residential or lodging purposes. Effective Rate of tax : 60% of Service Tax prescribed u/s 66B Conditions : CENVAT credit on inputs and capital goods, used for providing the taxable service, has not been taken under the provisions of the CENVAT Credit Rules, 2004. Definitions and meanings: 65B (41) renting means allowing, permitting or granting access, entry, occupation, use or any such facility, wholly or partly, in an immovable property, with or without the transfer of possession or control of the said immovable property and includes letting, leasing, licensing or other similar arrangements in respect of immovable property;