Gst Rate For Homestay at Homestay

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Gst Rate For Homestay. In budget 2022, the minister for finance announced that the gst rate will be increased from: Gst rate of hotel is 28% and restaurant is 18%.

Homestay in Shimla Family Holiday Tour packages at Buransh
Homestay in Shimla Family Holiday Tour packages at Buransh from travelinindia.net

The state goods and service tax department on monday issued notices to around 50 homestays in fort kochi area, stating that they should come under the purview of goods and service tax (gst). The above rates are applicable for stay at the property only. This strategy may help me to attract more customers and also reduces the idle rate of my homestay.

Homestay in Shimla Family Holiday Tour packages at Buransh

Under this tax slab, 12% tax is charged on the goods or services used. But, for those who choose to stay 3 nights, the total price will be rm600. Yes there is a gst on homestay services which is 18%. Those who previously paid 18 per cent gst now pay 12 per cent or 5 per cent gst.