Service Apartment Rates
Query (Issue) Started By: – Kannan A Dated:- 5-8-2017 Last Reply Date:- 7-8-2017 Goods and Services Tax – GST
Got 9 Replies
GST
GST rate for room rate ₹ 1000 to 2500 is 12%. In the service apartments like 2 bhk apartment we provide at rate ₹ 1500 per day which ₹ 750 per room . Does GST would be applicable for it ?
Some time we also provide 2 bhk for ₹ 2000 per day which is ₹ 1000 per room which is under GST.
Please clarify.
Reply By HimansuSekhar Sha:
The Reply:
Please specify whether it is renting for residential purpose or otherwise. The former does not attract gst.
Reply By HimansuSekhar Sha:
The Reply:
If commercial it attracts gst.
Reply By Rohit Sharma:
The Repl
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =
ganathan:
The Reply:
Sir,
Do you rent the two rooms to different individual? in such a case there will be no GST since the rent collected from two different individuals is less than ₹ 1000/-. However if you rent it out to a family then you have to pay gst since the rent charged is ₹ 1000/-. This is true in the case of rent is on daily basis. If the rent is charged on monthly basis for a family then gst is exempted since the service provided is renting residential premises which is not chargeable to gst.
Reply By Kannan A:
The Reply:
Thank you Sir for the response.
1. 2 BHK apartment is rented to one family only . Most of the times family stay for one month to 6 months depends on their need. I don't put rental agreement
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =