NEW DELHI, Aug 5: The Finance Ministry has said that the Goods and Services Tax will not apply on room rents of ‘sarais’ (inns) or properties managed by religious and charitable institutions. The clarification was issued by the Central Board of Indirect Taxes and Customs (CBIC) on Thursday evening to clear the confusion with regard to the levy of GST on room rents. This clarification by the Finance Ministry came following a demand from various quarters including AAP MP Raghav […]
The Finance Ministry has said the Goods and Services Tax (GST) will not apply to room rent of ‘serais’ (inns) or properties managed by religious and charitable institutions. The announcement comes after The Tribune reported some serais managed by the Shiromani Gurdwara Parbandhak Committ
The Finance Ministry has said that the Goods and Services Tax (GST) will not apply on room rents of 'sarais' (inns) or properties managed by religious and charitable institutions.
As per the recommendation, hotel rooms having room rents up to Rs 1,000 per day were brought under the GST rate slab of 12 per cent from the earlier exempt category, , gst, religious or charitable trust, CBIC
The central government has cleared the air regarding doubts about goods and services tax (GST) on Sarais (accommodations) run by religious or charitable trusts, saying it is not true.