The Maharashtra Authority of Advance Ruling (AAR) ruled that no Goods and Services Tax (GST) will be payable on Hostel Rent of less than Rs 1000 per day per Student
AAR Maharashtra ruled that charges for other services will not be treated as construction services and GST at the rate of 18% would be applicable on such charges.
In case of NE Equipment Solutions Pvt. Ltd. Vs State of Tripura and others, the High Court of Tripura directed authorities to release the transport vehicle and the machinery in question forthwith.
GST stands for Goods and Services. It is a destination based tax on consumption of goods and services. It is levied at all stages right from manufacture up to final consumption with credit of taxes paid at previous stages available as setoff. In a nutshell, only value addition will be taxed and burden of tax is to be borne by the final consumer.
.jpg "GST on Goods Transport Agency (GTA)")
