GST Filing Hotels & Hospitality Sector
Applicability of GST on Hotel Industry. Tax Robo can help you compute the GST rates on hotel accommodations and hotels easily.
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Goods & Services Tax GST (India)
GST Return Filing Hotels & Hospitality Sector
Hotels and hospitality industry and the services they offer come under the umbrella of GST.
Earlier, a lot of complicated Taxes such as Service Tax, VAT & Luxury Tax, etc. were present. With the coming of GST, all these tricky Taxes were done away with and a single GST structure was put in place for hoteliers to collect as Taxes from their visitors.
The Tax rates under GST can be summarised as :
The Tax for hotel rooms is based on price. The price levels and corresponding GST rates are :
- Less than Rs. 1000: 0% GST
- Rs. 1000 – Rs. 2499: 12% GST
- Rs. 2500 – Rs. 7499: 18% GST
- Rs. 7500 and higher: 28% GST
GST Rates for Restaurants / Hotels / Lodges
| Type of Restaurants / Hotels / Lodges | GST Rate |
|---|---|
| All restaurants | 5% no ITC |
| Restaurants within hotels (room tariff < 7,500) | 5% no ITC |
| Restaurants within hotels (room tariff > 7,500 ) | 18% with ITC |
| Outdoor catering | 18% with ITC |
| Hotels & Lodges with tariff below Rs. 1000 | Exempt |
Liquor will attract State levies like VAT as it was kept outside the GST regime. Service charges might still be levied by the respective restaurant/hotel.
Hotels & Hospitality Sector GST Return Packages
Tax Robo Basic
Proprietor
₹999 .00
* All Inclusive fees
- All GST Returns
- Below 500 Invoices
- GST Computation
- GSTR 1 Filing
- GSTR 3B Filing
- GST Reconciliation
- GST Payment
Tax Robo Family Auditor
Firm, Private Ltd, OPC, LLP, Public Ltd
₹1499 .00
* All Exclusive Tax
-
All GST Returns
- Below 500 Invoices
- GST Computation
- GSTR 1 Filing
- GSTR 3B Filing
- GST Reconciliation
- GST Payment
Tax Robo Family Auditor
All
₹1999 .00
* All Exclusive tax
- All GST Returns
- Unlimited Invoices
- GST Computation
- GSTR 1 Filing
- GSTR 3B Filing
- GST Reconciliation
- GST Payment
GST Compliance ManAgement Easy with Tax Robo
Monthly Compliances
✓ You know nowadays GST registration is made very easy but compliance is very complicated.
✓ Know about GST invoice formats and preparation the person is engaged in the inter-state supply of goods
✓ Know about eligible input credit
GST Records
✓ Maintain GST documents and accounts properly.
✓ Sending goods with e-way bill.
✓ Confirm GST return computation.
✓ Display GST certificate on office premises.
Working Capital Management- GST
✓ Proper working capital management is required for payment of GST Taxes.
✓ Frequently confirm GSTR 2a reconciliation.
Tax Robo Supports Simple GST Compliance Solution
Basic GST Training
- Train you for handling GST documents, input documents and invoices
- Product analysis with the questions whether the product under any restricted sales in India eg. Cement, Steel.
Regular Compliances
- Reminder for GST payments and avoid penal actions
- Filing return before the due date
- 100% Accurate filing
- Draft GST compuation send to client for confirmation
- Filing GST only after your confirmation
Reconciliation of GST
Frequently check your eligible ITC and prepare GSTR 2A reconciliation
Documents Required for GST Return Filings Online
GST Purchase
✓ Purchase Invoices.
✓ Invoice contains GST Number.
✓ Contains Invoice number & date.
✓ Descriptions of goods and services.
✓ Place of supply.
GST Sales
✓ Sales Invoice copy.
✓ Invoice contains GST Number.
✓ Contains Invoice number & date.
✓ Descriptions of goods and services.
GST Inputs Tax Credit(ITC)
✓ Input Bills copy.
✓ Invoice contains GST Number.
Advantages & Benefits of GST Registration in India
Compliances
- GST Compliances Safeguard Your Business
- GST Compliances Are Eligible For Business Loans
- GST Compliances Are Eligible For Govt Loans
- Customers Know About Your GST Compliances, Hence Business Relation Will Be Goods
Save Taxes
- Avoid Penal Actions
- GST Is Great Benefits For Business Persons, Only GST Collected From Customers Are Paying After Input Credit. Nothing From Your Pocket
- Tension Free Business For Non Compliances
- Avoiding Late Fees And Penalty
Error Free
- Total Elimination Of Clerical Error / Error- Free Return
- Tax Robo Recommends/Suggests Tax Savings Plan & Products To Clients
Compliance after GST Registration
Records
- File maintenance is very important
- Maintain your GST invoice and input documents in proper ordering
- Filing GST return before the due date is art of administration
- Periodical reconciliation is required
Working Capital
- Plan your prearation GST invoices and their collection before the GST payment date
- Consider month end prepartion GST Taxable invoices. If you have enough working capital.