The GST-Authority for Advance Rulings (AAR), in two separate cases, has held that hostel rent paid by inhabitants does not qualify for exemption from goods and services tax (GST), as it is not a 'residential dwelling'. Further, it pointed out that hostel accommodation tariff below Rs 1,000 per day was exempt from GST for a certain period and only up to July 17, 2022.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/bGPmxOZ
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