Hostel rent not exempt from GST, to attract 12% tax: AAR

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...