The Ministry of Finance (MoF) on January 16, 2025, issued a notification to amend notification no. 8/2017-Integrated Tax (Rate), related to the integrated tax levied on the intra-state supply of services.
The following amendments have been stated:
• in paragraph 5 relating to Explanation, with effect from April 01, 2025,-
o clause (xxxv) shall be omitted;
o for clause (xxxvi) the following shall be substituted, namely:-“(xxxvi)“Specified premises”, for a financial year, means,-
(a) a premises from where the supplier has provided in the preceding financial year, ‘hotel accommodation’ service having the value of supply of any unit of accommodation above seven thousand five hundred rupees per unit per day or equivalent; or
(b) a premises for which a registered person supplying ‘hotel accommodation’ service has filed a declaration, on or after the 1st of January and not later than 31st of March of the preceding financial year, declaring the said premises to be a specified premises; or
(c) a premises for which a person applying for registration has filed a declaration, within fifteen days of obtaining acknowledgement for the registration application, declaring the said premises to be a specified premises;”
• After Annexure VI, Annexure VII OPT-IN DECLARATION FOR REGISTERED PERSON, Annexure VIII OPT-IN DECLARATION FOR PERSON APPLYING FOR REGISTRATION and Annexure IX OPT-OUT DECLARATION has been inserted.
[Notification No. 05/2025- Integrated Tax (Rate)]
