GST Impact for Note Books Distribution to School Students
This query is : Resolved
21 December 2023
Dear GST Experts,
The Schools are not required to register under GST. But, my question is; In every school they are purchasing Note Books Incl GST & Text Books Excl GST and same they're distributing to the Students and collecting the fee under the head of Book Fee. In this transactions any trade is involving and It impacts the GST?... How do the schools will comply this as per GST law?...
The Schools are not required to register under GST. But, my question is; In every school they are purchasing Note Books Incl GST & Text Books Excl GST and same they're distributing to the Students and collecting the fee under the head of Book Fee. In this transactions any trade is involving and It impacts the GST?... How do the schools will comply this as per GST law?...
14 January 2024
The GST Act tries to maintain a fine balance whereby core educational services provided and received by educational institutions are exempt and other services are sought to be taxed at the standard rate of 18%
https://old.cbic.gov.in/resources//htdocs-cbec/gst/GST_Education_Services.pdf
https://old.cbic.gov.in/resources//htdocs-cbec/gst/GST_Education_Services.pdf
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Supply through E-commerce Operators
- STCG....................................................
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- TAN for Partnership
- Sales return eway bill
- Relief u/s Section 89
- REGARDING GST LIABILITY/....
- Specified Profession
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- STCG FOR GOLD ETFs
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
