Hotel Samode Palace has provided the following information for the month of October, 2016: S. No. Services Provided (₹) (i) Serving of food in a restaurant with air-conditioned facility. 5,00,000 (ii) Supply of food in c

Computation of value of taxable services and service tax payable by Hotel Samode Palace for the month of October, 2016 Sr. No. Particulars Amount (INR) Value Amount (INR) Taxable Value i Serving of food in a restaurant with air-conditioner facility 5,00,000 Value of taxable services (@ 40% of 5,00,000) 2,00,000 ii Supply of food in convention center for organizing conferences along with renting thereof 3,80,000 Less: Abatement @ 30% (1,14,000) 2,66,000 iii Renting of rooms with declared tariff ₹5,500 per room per day 3,20,000 Less: Abatement @ 40% (1,28,000) 1,92,000 iv Catering services provided to CBSE affiliated Higher Secondary School of ₹1,00,000 Exempt Exempt v Outdoor catering services provided to a coaching institute preparing students for engineering examinations 1,80,000 Value of taxable services @ 60% of 1,80,000 1,08,000 Value of Taxable Services 7,66,000 Service tax payable @ 15% (including swach bharat cess @ .05% & krishi kalian cess @ .05%) 1,14,900