Building Owner Can Claim GST Exemption If Residential Premises Leased Out Are Used As Hostel: Karnataka High Court

The Karnataka High Court has held that an owner of a building can claim tax exemption under the Goods and Services Act (GST) if the residential premises leased out are used as a hostel to house students and working professionals. A division bench of  Justice Alok Aradhe  and  Justice M I Arun  while allowing the petition filed by one Taghar Vasudeva Ambrish said,  "The ser…