TaxTMI 
TaxTMI 
Exemption in relation to Renting of Immovable Property [ Entry No. 12 and 12A of CGST]
X X X X Extracts X X X X
X X X X Extracts X X X X
....tion 1 - For the purpose of exemption under this entry, this entry shall cover services by way of renting of residential dwelling to a registered person where, * (i) the registered person is proprietor of a proprietorship concern and rents the residential dwelling in his personal capacity for use as his own residence; and * (ii) such renting is on his own account and not that of the proprieto....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ered in the Commissioner of Customs (Import), Mumbai v. M/S Dilip Kumar and Company & Ors.. [ For more details refer this link ] * The hostel accommodation services provided by the Applicant would be eligible for exemption under Serial Number 12 of Notification 12/2017-CT (Rate) dated 28th June 2017, but it is addressed in the case of M/S. Maharashtra Jain Education Society - 2024 (8) TMI 294 Ma....
X X X X Extracts X X X X
X X X X Extracts X X X X
....or duration of stay of one or two months to old students during vacation period would be eligible for exemption under Serial Number 12 of Notification 12/2017-CT (Rate) dated 28th June 2017? Answer: - Affirmative. * Leasing out residential premises as hostel to students and working professionals is covered under Entry 13 of Notification No.9/2017-IGST(Rate) dated 28.09.2017 namely 'Services....
X X X X Extracts X X X X
X X X X Extracts X X X X
....No. 12 of notification No. 12/2017-CT(Rate) dated 28.06.2017. Requests have also been received for GST exemption on hostels for poor and middle-class students run by charitable trusts. * 9.2 The matter was placed before the GST Council in its 53rd meeting held on 22nd June, 2024 and the GST Council recommended to exempt the supply of accommodation services having value of supply less than or equ....