Service tax on student accomodation


need advice on college student residential agreements..Whether service tax is applicable or not.I am taking flats on lease in the name of xyzhuf and I will lease it to individual college student.pls advice.

Replies (1)

it is not exempted....ST shall be levied @ 14 %  PROVIDED TURNOVER   EXCEEDS 10 LAKHS.

only transportation/ catering + mid day meal/ cleaning / security / housekeeping/ admission or conduct of exam related service are exempted which are provided to educational institute.

 

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