Is service tax applicable on the rent of hostel collected by non-educational private entity?
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Service tax applicablity.
Replies (5)
Dear Mr. Prashad,
Services of Hostels used for residential purposes will be exempt. Assumption there tariff rate is below Rs. 1000 per day.
Thanks for reply....but can u pls share the source like any notification/circular?
Dear Prasad,
Entry no 18 of mega exemption notification no. 25/2012-ST dated 20-6-2012.
but as per my interpretation Entry no 18 of mega exemption notification no. 25/2012-ST dated 20-6-2012 does not include Hostel.
The Word "other commercial places meant for residential or lodging purposes" covers Hostels, bed & breakfasts etc.
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