No GST on renting of hostel rooms for residential purpose: Madras High Court

In a significant ruling, the Madras High Court has held that hostels being used for residential purposes will not attract goods and services tax. The ruling by Madras High Court judge Krishnan Ramasamy has quashed a decision by the Tamil Nadu State Appellate Authority for Advance Ruling that had said that this would attract GST at the rate of 18 per cent. In its ruling, the Madras High Court held…