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Question ID : 38136

GST

Dear sir, One of our client is running nursing college. For that he has rented is own building. and for residence of student he has made hostel on residential property. All the rent is received by college and then given to the assessee. The college is not registered u/s 12A of income tax act. There is seperate rent agreement for College building and for Hostel building. My query should the assessee charge GST on rent received for hostel building as it is mainly for staying and no other facility

Posted by VIPIN GUPTA on May 10, 2019

Filed Under GST

Answer ID : 76580

I am of the view that the house rented for residential purposes of students is eligible for exemption under GST

Posted by SIVADAS CHETTOOR on May 16, 2019
Answer ID : 76646

if the dail rent charged or it' s equavalent amount is less than Rs. 1000/ day, there is no GST liability on the rent

Posted by CA. VENKITARAMAN K V on May 25, 2019