GST applicability on Education Institutions
This query is : Resolved
17 January 2025
Sir/Madam
Please clarify:
Is GST applicable on admission fees and examination fees of A College substantially funded by Government and which is registered as a Society and has Sec 12AA registration of Income Tax Act.
Also if college has property which it has rented out at more than Rs 10000 per month to be used for business or commercial purposes. Will GST be applicable on the rental income
Please provide notification number which covers this if possible.
Thanks
Please clarify:
Is GST applicable on admission fees and examination fees of A College substantially funded by Government and which is registered as a Society and has Sec 12AA registration of Income Tax Act.
Also if college has property which it has rented out at more than Rs 10000 per month to be used for business or commercial purposes. Will GST be applicable on the rental income
Please provide notification number which covers this if possible.
Thanks
18 January 2025
Educational institutions run by the government, local bodies, or trusts are generally exempt from GST.
Notification No. 12/2017 .
Rent below threshold of 20 lacs GST not applicable.
Notification No. 12/2017 .
Rent below threshold of 20 lacs GST not applicable.
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