Hostel fee in education institutes exempt from GST: Centre

New Delhi: Refuting reports that hostel fee charged by educational institutions will attract 18 per cent GST, the Finance Ministry on Thursday said such services provided to students, faculty and staff are fully exempt under the new indirect tax regime. “There are some reports that GST at the rate of 18 per cent will be levied on annual subscription/ fee charged for lodging in hostels. This is not true. There is no change in tax liability relating to education and related services in the GST era, except reduction in tax rate…

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