Hostel accommodation to attract 12 per cent GST: AAR

Hostel accommodation to attract 12 per cent GST: AAR

Students will have to shell out more for hostel accommodation as a 12 per cent GST would be applicable on the rent paid, the Authority of Advance Ruling said in two separate cases. The Bengaluru bench of the Authority of Advance Ruling (AAR) said hostels are not akin to residential dwelling units and hence are … Read more

Employers no longer require to deduct GST on subsidised meal cost recovered from employees: AAR

Employers  no longer require to deduct GST on subsidised meal cost recovered from employees: AAR

Employers will no longer require to deduct GST on the subsidised meal cost recovered from their employees, the Authority of Advance Ruling (AAR) said on Tuesday. The Gujarat bench of the AAR gave the ruling after Zydus Lifesciences approached the authority to seek clarification on whether GST would be levied on the amount deducted from … Read more