Hostel Rent

[Ragnet Raphi]

Hi,

I just needs to know whether the GST is applicable for hostel rents.

For example, If am paying 5500 as a monthly Rent including food and accommodation.. Do I need to pay GST for this amount.If so how much I need to pay extra as a part of GST.

Kindly assist

[Ramesh Kothari]

Yes

 

[Ramesh Kothari]

Subject to receiver who crosess thresh hold limit of 20 Lakh than hv to pay GST

AI Summary

GST on hostel rent applies when aggregate turnover exceeds the registration threshold, making registration and tax payment necessary. GST applies to hostel rents that include food and accommodation; registration and payment obligations arise only when the person crosses the prescribed turnover threshold for GST registration, otherwise no GST need be paid.