Menu
Gst on Hostel/PG Business
Anyone clarify GST Applicability on Hostel/PG Business.
Replies (2)
As per Circular 32/06/2018, read with Notification 12/2017 CT (r) if declared tarrif is below 1000/- exempted (Declared Tarrif further substituted by Transaction value by Notification 14/2018 CT (r))
Hence if you are charging 1000/- per day for loding the GST is Applicable
Hence if you are charging 1000/- per day for loding the GST is Applicable
We rendering the service of paying guest and we charge the rent on monthly basis of Rs 12,000 for per person per bed. Two bed are fixed in every room. And We have rent agreement with every tenant for 11 months.Can we take benefit of Circular read with 32/06/2018, read with notification 12/2017 if declared tariff is below 1000/- exempted.
Please revert ASAP.
Recent Topic
- Claiming Pre Possession Home Loan Interest
- Tax on Pension from EPFO
- Indexation of Sale of Property under New Regime
- TDS ON RENT BY TENANT
- Forward tax charge gst related
- SBI direct mutual funds ITR
- 44AE Section
- FEMA compliant structure
- Tax obligation in AY 2026-27
- EFILING ITR2 FROM COMMON FILING UTILITY
Related Topics
CAclubindia
