Under the new regulations, hotels have the option to choose the 'specified premises' classification if their room tariff was ...

Finance Minister Nirmala Sitharaman emphasized on Tuesday that financial matters of the country and states should remain ...

India's GST collections reached Rs 19,56,034 crore in March 2025, a 9.9% surge, driven by robust domestic consumption and imports. Compared to February's Rs 1.84 lakh crore, GST growth indicates ...

India's gross goods and services tax (GST) collection in March rose 10% year-on-year to 1.96 trillion rupees ($22.91 billion) ...

When Josh Kerr was sounded out about a new competition, he feared he was being recruited for a rather more controversial ...

Under the revised framework, “specified premises” refer to hotels or properties where the per-night room rate exceeded ₹7,500 in the previous financial year.

In 55th GST Council, the government has proposed to amend the definition of Specified premise. By this notification the government has substituted clause (xxxvi) which is related to Specified Premises ...

From April 1, hotels charging over Rs 7,500 per day will be 'specified premises' and restaurant services within will attract ...

This would replace the concept of 'declared tariff' which included charges for ... Restaurant services inside such hotel units would automatically attract 18 per cent GST, with input tax credit (ITC).

Hotels charging room rent above Rs 7,500 a day will be considered 'specified premises' from April 1, 2025. Restaurant ...

Hotels with room rents exceeding INR7,500 per day at any point during a financial year will be categorized as “specified ...

CBIC clarifies GST on restaurant services in hotels with room rent exceeding Rs 7,500/day. Learn about the new rules, ...