Gst for hostel services
As per recent notification from GST, the hotels are required to charge 12% if the room rent is less than 1000 per day.
https://www.cnbctv18.com/economy/gst-council-meet-hotel-rooms-below-rs-1000-per-day-to-attract-12-percent-tax-13971862.htm
For Hostels & PGs for Students, and Working Professionals, we would like to clarify the following scenarios.
Our business - We take properties on Lease from the owners, and then run them as hostels under our own brand. Properties can be Residential or Commercial.
Scenario 1 - In case, we bill directly to Students or Working professional. Property type - Residential a. Does this apply to Hostels as well? b. What HSN/SAC code to be used for Rental invoices. d. Whether GST will apply in this case or not. If yes, what percentage.
Scenario 2 - In case, we bill directly to Students or Working professional. Property type - Commercial a. Does this apply to Hostels as well? b. What HSN/SAC code to be used for Rental invoices Scenario. c. Whether GST will apply in this case or not. If yes, what percentage.
3 - In case, we bill directly to Private Limited companies who pay for their employees. Property type - Residential a. What GST percentage we need to charge to the companies 12% or 18%. b. Will this be exempt in this case? c. What will be HSN/SAC code to be used. d. Whether GST will apply in this case or not. If yes, what percentage.
Scenario 4 - In case, we bill directly to Private Limited companies who pay for their employees. Property type - Commercial a. What GST percentage we need to charge to the companies 12% or 18%. b. Will this be exempt in this case? c. What will be HSN/SAC code to be used. I would request your expert thoughts and directions on above scenarios. d. Whether GST will apply in this case or not. If yes, what percentage.