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HOSTEL SERVICE

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..... 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 .....

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..... } ,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 in the hostel premises, Mess facility charges and Rent is collected seperately?, Mess facility charges collected by other person , BUT EDUCATION IS OBTAINED FROM COLLEGES not connected in any way with the hoste .....

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..... l activity? Whether it will fall under commercial places meant for residential dwelling or lodging purpose? Your early comments on the aforesaid discussion wil b highly appreciated.You may reply detailed discussion on [email protected] Sir, Can it be said as renting of residential dwelling for use as residence by students? Thank you in anticipation. - Reply By KASTURI SETHI - .....

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..... The Reply = Undoubtedly, it is a commercial activity. - Reply By shailendra parakh - The Reply = Dear sir What about GST ,for said activity. 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 stu .....

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..... dents ) 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 .....

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..... 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 for valuable reply. - HOSTEL SERVICE - Query Started By: - shailendra parakh Dated:- 17-7-2017 Goods and Services Tax - GST - Got 6 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagement .....

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..... india - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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