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Is Gst Applicable For Homestay. The gst rules are silent on homestays. Hotel restaurant’s gst tax rate also affects whether or not you can claim the input tax.

Luxury Homestay in Turangi Rooms and Rates Tui Lodge
Luxury Homestay in Turangi Rooms and Rates Tui Lodge from tui-lodge.co.nz

The threshold limit of aggregate annual turnover of rs.20 lakhs for registration purpose is applicable for hospitality industry as well. The gst rules are silent on homestays. 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.

Luxury Homestay in Turangi Rooms and Rates Tui Lodge

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. Since july, a tax rate of 18% has been applicable on bookings, placing the small homestays — homes where a maximum of five rooms can be let out to guests — on the same. Even if a residential property is rented for commercial purposes, the rental income is liable for tax under. Students 16 and under homestay including 3 meals a day $4 7.00 + gst per day** long term (8 + weeks ) (a homestay month is 28 days) homestay including 3 meals a day $924.00 per 28.