Is Gst Applicable For Homestay at Homestay

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Is Gst Applicable For Homestay. Yes there is a gst on homestay services which is 18%. But the stipulation that hotel rooms with rents upwards of ₹1,000 should be charged the tax has put the homestay owners in a spot.

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However, gst is applicable on the entire bill, including food and other services. Remember if you convert the property as commercial then minimum of 20lac commercial property rental income doesn't come under gst and residential property rental income doesn't come under gst. It means that if a homestay charges rs 4,000 inclusive of all services, 18% gst is charged on rs.

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Effect of these seemingly conflicting facts (notification and circular) is that , otas/eco collect gst from homestays listed on their portal based on room tariff leaving homestays no means. Yes there is a gst on homestay services which is 18%. Gst on rent is applicable to properties rented for commercial purposes. Igst is applicable on following types of transaction: