Hi
Party is having building & he is running PG in that.
GST is applicable for PG or does it come under residential property
In my view it can be treated as exempted under GST if getting below Rs.1,000/- per Room.
6 Replies
Janak Shah
(ca)
(603 Points)
Replied 28 October 2021
It is considered as residential property if the agreement with PG is long term otherwise GST will be applicable if room rent per day is above 1000₹
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 01 November 2021
It will be treated as residential property
Veera Veera
(253 Points)
Replied 01 November 2021
Ok thanks, please can you share the notification if any
Recent Topics
- Clarity regarding Sec 16(4)
- GST ON HOTEL ROOMS details
- Relief for Delayed Filing of Tax Forms
- Expire stock
- INCOME TAX AY 25-26
- Experienced CA firm for accounting & auditing
- Regarding Perquisite Tax on ESOP - Unlisted Compan
- Casual Taxable Person under GST
- Extended Date of GSTR-1 for the month of July 2020
- NRO Interest - Taxed at source and in Foreign Coun
Related Threads
CAclubindia
