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GST | Students living in hostels and those in PG accommodation have to shell out more

Rentals would attract 12 per cent GST and services such as use of washing machines, meals and television will attract 18 per cent tax

Higher Costs Ahead Hostel Accommodation To Incur 12 GST

Higher Costs Ahead Hostel Accommodation To Incur 12 GST
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Rent on Hostels and Paying Guest Accommodations to Now Attract 12% GST; Students to be Impacted

The Bengaluru bench of the Authority of Advance Ruling (AAR) has clarified that hostels are not considered residential dwelling units and, as a result, are not exempt from Goods and Services Tax (GST)

Ranjeet Mahtani

Ranjeet Mahtani is an advocate and a chartered accountant based in Mumbai. He advises on all taxation issues and focuses on GST, customs duty, and the foreign trade policy of India as well as central excise duty, sales taxes and VAT, service tax, and entertainment taxes. More recently, Ranjeet led diverse GST assignments involving government advocacy (representation), impact analysis, and transition support for clients in a variety of sectors.

The Great GST Divide- Business News

The Great GST Divide- Business News
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