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.
Clarification on GST: Service apartments rented for commercial use are taxable. Residential rentals and below 1000 per room are exempt. A discussion on a forum addresses the applicability of GST on service apartments. The main query involves whether GST applies to a 2 BHK apartment rented at 1500 per day, equating to 750 per room, and if the GST slab for room rates of 1000 to 2500 at 12% applies. Responses clarify that GST is applicable if the apartment is rented for commercial purposes, but not if rented as a residential dwelling. It is noted that renting to different individuals below 1000 per room exempts GST. Monthly rentals for residential purposes are also exempt from GST. A notification is cited to support these exemptions. (AI Summary)
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