Notification No 05/2025-CTR
The Notification No 05/2025-CTR issued to make the amendment in Definition of Specified Premises. By the virtue of this notification, the term Declared Tariff will no longer be used as this word has omitted with effect from 01-04-2025 from the Notification No 11/2017 -Central tax (Rate) -dated 28-06-2017.
The government has omitted Clause (xxxv) in Explanation of Notification No 11/2017-Central tax (Rate). The clause was for Declared Tariff. Now , GST will be linked to actual price a customer pays for hotel rooms. Hence from 01-04-2025, the term declared tariff will not be in used only the actual price of hotel rooms will be relevant for payment of GST.
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.
The New definition of Specified Premises are as under:
“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;”
The declarations form for Opt in and Opt out purpose are also available through this notification.
