Paying Guest Accomodation

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Two Buildings are taken on rent by Mr. A at say INR 60,000 per month, per building on a 11 month residential accommodation lease. The same building is then furnished and converted to a fully furnished accommodation with about 20 beds per building and given on rent to individual students and working women at a monthly rent averaging to about 8000pm. Their are individual meters installed for chargin .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... g individuals residents for Ac and geyser electricity consumption. As part of bundled services - meals are provided to all residents. Please suggest if the service tax is applicable as the accommodation has been given to individuals for a long term stay averaging more than an year per individual. As per the clauses read by me on Google: even though the total receipts are more than 11 lac per a .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nnum, service tax should not be applicable as 1. The sub tenancy of individuals should fall under residential dwelling - not meant for temporary stay but as home to individuals. 2. the rent collected by us per bed is far less than ₹ 1000 per day. 3. The period of stay of individuals is more than 3 months. Please suggest if service tax is applicable. Also please suggest on the impact of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... GST that becomes applicable effective July 2017. - Reply By KASTURI SETHI - The Reply = Dear Querist, When you talk of bundled services, you avail abatement of 30 %. You cannot avail benefits of both worlds. I mean to say abatement and exemption on account of rent per person being less than ₹ 1000/- per day. Take one stand. Regarding GST,. nothing is confirmed till enactment. - Reply B .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... y MARIAPPAN GOVINDARAJAN - The Reply = Yes, what Shri Kasthuri says is correct. - Paying Guest Accomodation - Query Started By: - Mohit Gupta Dated:- 6-4-2017 Service Tax - Got 2 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X