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TMI Blogregn. exemption limit forX X X X Extracts X X X X X X X X Extracts X X X X ..... New "accomodation services" has become effective from 01/05/2011. Small to medium hotels provide some of their rooms with 'declared tariff ' of Rs. 1000/- and above and some rooms below Rs.1000/-.i.e same hotel offers two different 'published tariffs ' for different class of rooms. Facts:- 1)New service tax registration is due when .. "aggregate value of taxable service in a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... financial year exceeds rs. 9 lacs " ( notfn. no. 26/2005 dt.07/06/2005. Now ,"aggregate value....service " means the sum total of first consecutive payments received during the financial year towards the gross amount.................. but does not include payments received towards such gross amount which are exempt from the whole of service tax leviable thereon ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... under section. 66 of the said Finance Act under any notification other than Notification No. 6/2005-Service Tax, dated the 1st March, 2005 . " Assuming that the service provider does not provide any other taxable service- Query 1) Whether , for the purpose of Registration , taxable turnover would include " declared tariff less than Rs.1000/- also ? ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Query 2) Whether , for the purpose of paying service tax when service provider crosses Rs.10 lacs limit , the sum total of first consecutive payments recd. during the Fin. Year would include both "published tariff less than Rs.1000/- "published tariff of Rs. 1000/-or more " ?or only "published tariff of = or rs.1000/- ? ( notfn. no. 8/2008 dt.01/04/2008 ) [Pl. see explana ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tion B of notfn. 8/2008 dt.01/04/2008 ] Pl. clarify (1) and (2) - Reply By R.S. Mangal - The Reply = Answer to Query 1 -For the purpose of Registration , taxable turnover would not include payment received for rooms/unit having " declared tariff less than Rs. 1000/- in view of exemption to such unit of accomodation in Notification No 31/2011 ST. Answer to Query 2 --For ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the purpose of paying service tax when service provider crosses Rs. 10 lacs limit , the sum total of first consecutive payments recd. during the Fin. Year would include only payment received for rooms/unit having "published tariff of Rs. 1000/-or more . - regn. exemption limit for - Query Started By: - sunil mehta Dated:- 27-5-2011 Service Tax - Got 1 Reply - Service Tax - Disc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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