HOSTEL SERVICE
Query (Issue) Started By: – shailendra parakh Dated:- 17-7-2017 Last Reply Date:- 18-7-2017 Goods and Services Tax – GST
Got 6 Replies
GST
Dear Sir,
With regard to GST ,my query is with regard to Exemption from Renting of Immovabel Property.
Facts for this discussion are as under:
Charges collected for residential and lodging of the students (esp college students ) staying in hostel owned by private commercial entity will be liable to GST.(3 student in one room, Total ₹ 450=00 per day for 3 student ) ,{without mess facility } ,for 1 month ₹ 13500=00,for year ₹ 162000-00 (nos.of student.-200 ) ,charges collected in two instalment
Further students are just residing and availing mess facility i
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Thanks
Reply By KASTURI SETHI:
The Reply:
GST @18%. CGST @ 9% + SGST @ 9%
Reply By shailendra parakh:
The Reply:
Dear sir ,
Thanks for ur feedback
Can we collectct charges for residential and lodging of the students (esp college students ) staying in hostel owned by private commercial entity on per day basis, ie ₹ 150 per day per
student in one room 3 student ,in this case GST is NIL .
Reply By KASTURI SETHI:
The Reply:
Yes. It is exempted vide Notification no.12/17-Central Tax(Rate) dated 28.6.17 Serial no.14.
Reply By shailendra parakh:
The Reply:
Dear sir
Thanks for same
Sir, For How much days same student stay in hostel, as per ur last reply. Is it possible for 1 year also. Is there any effect On GST.
Awaiting f
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