Helpful tips

Why Gstin number is required?

Why Gstin number is required?

The government has made it mandatory for businesses with an annual turnover exceeding Rs. 20 lakh to have a GSTIN. If you are a registered dealer, you need to file GST returns and pay if GST liability exists. Also, if the GST you pay is more than the GST liability, you can claim a refund through your GSTIN.

What is Gstin ticket booking?

NEW DELHI: Business travellers will have to provide the details about their companies’ GST Identification Number (GSTIN) to the airlines at the time of booking tickets. After submission of the details, the airlines would generate GST invoice for the particular travel and that invoice can be used to claim the benefits.

What is Gstin in Oyo?

GST number of Oyo is 25AABCO6063D1ZQ.

Is GST mandatory for hotels?

Services provided by the hotel is a taxable service in GST. The place of supply will always be the state/union territory where the hotel is located even if the guest is a registered person and has GSTIN of another state. Therefore, a hotel has to charge SGST and CGST always.

READ ALSO:   How can someone who is lactose intolerant require calcium?

Who can get Gstin number?

GSTIN, short for Goods and Services Tax Identification Number is a unique 15 digit identification number assigned to every taxpayer ( primarily dealer or supplier or any business entity) registered under the GST regime. Obtaining GSTIN and registering for GST is absolutely free of cost.

Who can have GST number?

Who should register for GST? According to the Goods and Services Tax Act, 2017, any business with a turnover of Rs. 40 lakh and above must register for GST.

What is railway Gstin number?

GST Registrations for the PAN Number

Trade Name GSTIN State
MINISTRY OF RAILWAYS 27AAAGM0289C2DR Maharashtra
MINISTRY OF RAILWAYS 27AAAGM0289C2ZI Maharashtra
SWR KARNATAKA 29AAAGM0289C1DO Karnataka
SWR KARNATAKA 29AAAGM0289C1ZF Karnataka

How do I add a GST number to Oyo?

Go to https://www.oyorooms.com/business/direct and fill out a quick form with your contact details (Name, phone number and email address) and your company PAN number (required to provide you with GST invoices).

READ ALSO:   Can Pepsi clean things like Coke?

How do I get a bill from Oyo rooms?

Step 1: In the bookings tab, click on the completed booking for which the invoice is required. Step 2: Under the Price summary section, click on View Details. Step 3: To Email the invoice to the guest directly click on the Email Invoice button on the top right of the screen.

Does hotel accommodation have GST?

If you sell taxable accommodation and your turnover is over the GST threshold you need to charge GST. Examples of taxable accommodation sales include: hotels. motels.

How is GST calculated in hotel industry?

GST rate on hotel accommodation services is assumed to be 18\% in above example, however it can also be 12\% depending upon the room tariff in hotel….GST Implications on Hotels & Restaurant Industry.

Sl. No. Room Rent GST Rate
1 Rs. 0/- to Rs. 1,000/- per day Exempt
2 Rs. 1,001/- to Rs. 7,500/- per day 12\% with full ITC
3 Rs. 7,501/- and above per day 18\% with full ITC
READ ALSO:   Why does Catalina update take so long Mac?

How do I apply for gstin?

For applying for GSTIN please visit http://gst.gov.in. First you have to provide you contact details which will be verified by OTP. After that you have to upload some documents and you will get your GSTIN. For futher consultancy please contact on 8800947618 or [email protected]

What is the GST on the restaurant bill inside the hotel?

2) GST on restaurant bill inside the hotel depends on the declared tariff. Even though the amount agreed by Mr. X is Rs.7,000, the declared tariff of the room per night is Rs.7,500 and accordingly the restaurant bill attracts 18\% GST. Kindly Refer to Privacy Policy & Complete Terms of Use and Disclaimer.

What is the GST rate for running a restaurant?

However, if you run a restaurant in hotels, inns, guest houses, clubs, campsites or other commercial places meant for residential or lodging the GST rates would either be 5\% or 18\% depending on facts and circumstances mentioned in the subsequent paras.