NN 04/2024- CT(R) dated 12/07/2024

Accommodation Services Up to Rs. 20,000/Month for Continuous Periods of 90 Days and the services provided by Indian Railways to the general public & services provided by Special Purpose Vehicles to Indian Railways is exempt.

NN.04/2024 – Central Tax (Rate) dated July 12, 2024 exempt accommodation services having value of supply of accommodation up to Rs. 20,000/- per month per person subject to the condition that the accommodation service is supplied for a minimum continuous period of 90 days w.e.f. July 15, 2024.

This exemption applies to accommodation services rendered by hostels, camps, paying guest facilities, and similar establishments, specifically for students residing in student residences.

And this NN also exempt services provided by Indian Railways to the general public, the Intra-Railway transactions and services provided by SPV to Indian Railways by way of allowing Indian Railway to use infrastructure built and owned by SPV during the concession period and maintenance services supplied by Indian Railways to SPV w.e.f. July 15, 2024 .

Source : https://taxinformation.cbic.gov.in/view-pdf/1010112/ENG/Notifications