https://www.taxtmi.com/news?id=63641 Leasing residential premises to an entity that uses the property as a hostel for students and working professionals qualifies for the GST exemption for residential accommodation, because the ultimate use remains residential and levying GST would be passed on to occupants and defeat the legislative intent of the exemption. Administrative rulings had denied exemption by classifying the supply as non residential, but higher courts treated the leasing as exempt where the property continued to function as long term residential accommodation. en-us Thu, 04 Dec 2025 18:31:03 +0530 Thu, 04 Dec 2025 18:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=63641 Leasing residential premises to an entity that uses the property as a hostel for students and working professionals qualifies for the GST exemption for residential accommodation, because the ultimate use remains residential and levying GST would be passed on to occupants and defeat the legislative intent of the exemption. Administrative rulings had denied exemption by classifying the supply as non residential, but higher courts treated the leasing as exempt where the property continued to function as long term residential accommodation. News - Thu, 04 Dec 2025 18:31:03 +0530 https://www.taxtmi.com/news?id=63641