GST Exemption For Residential Lease Applies When Lessee Sub-Leases Building For Hostel/PG Use : Supreme Court

In a significant judgment that will have wide ramifications for hostel and paying guest (PG) accommodation sectors, the Supreme Court held that the exemption from Goods and Services Tax (GST) available for renting residential dwellings continues to apply even when the lessee sub-leases the premises to provide hostel or PG accommodation. The Court ruled that the exemption under Entry 13 of the...