Finmin explains GST levy on accommodation, betting & gambling, horse racing, printing services

Finance Ministry (TRU) explains levy of GST on supply of services such as accommodation, homestays, betting and gambling in casinos, horse racing, admission to cinema, printing and legal; Reiterates that in case of accommodation services, declared / published tariff is relevant only for determination of tax rate slab and that GST will be payable on the actual amount charged (transaction value); As per Notification No. 11/2017-Central Tax (Rate), GST at 28% would apply on entr...