GST on Hostel and PG Accommodation (Post 53rd GST Council Meeting)
✅New Exemption: From July 15, 2024, accommodations under ₹20,000/month per person with stays of 90+ days are GST-exempt (Entry 12AA).
✅B2C Stays: Long-term B2C stays (90+ days) remained exempt post-July 2022, while short-term stays and those under ₹1,000/day were taxed at 12%.
✅Past Tax Regularization: For periods from July 1, 2017, to July 14, 2024, exemptions apply for stays under ₹20,000/month if they exceed 90 days.
✅Composite Supplies: The exemption doesn’t apply if additional amenities (food, internet) push the total cost above ₹20,000.
✅ No GST Registration: PGs and hostels providing only exempt supplies are not required to register under GST.
