New Service Tax Structure a Step Closure Towards Proposed GST – Service Tax Regime on Hotel Accommodation, Restaurant Services Restructured – Dated:- 28-2-2011 – Hotel accommodation, in excess of declared tariff of ₹ 1000 per day and service provided by air conditioned restaurants that have license to serve liquor are the new services which have been brought under the service tax net. While proposing to levy service tax on these services, the Union Finance Minister, Shri Pranab Mukherjee has said that the hotel accommodation with declared tariff of over ₹ 1000 per day will have to pay the service tax with an abatement of 50 per cent. This will mean an effective burden of only 5 per cent of the amount charged. Air conditioned res
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