What's the gst rate of online schooling classes and competitive classes.
What's the service code of both and explain.
Replies (5)
Quick Summary
This discussion clarifies the Goods and Services Tax (GST) applicable to online classes, covering both academic schooling and competitive exam preparation. It confirms an 18% GST rate for these services and touches upon the eligibility and implications of registering as a composition dealer, noting that educational institutions may not be eligible for this scheme.
If your Turnover is upto 1.5 crores rupees and 75 lakhs rupees in specific category states then composition scheme is applicable. But educational institution might not apply for composition scheme