GST applicability.

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ACCOUNTANT BY PROFESSION
35 Points Posted on 07 April 2021
Hi.

My client has open the IELTS coaching institute. Will GST applicable on the receipt and if yes then under which SAC.

TIA.
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On 07 April 2021 at 11:44 Report
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Quick Summary
This discussion clarifies the Goods and Services Tax (GST) applicability for IELTS coaching institutes. GST is indeed applicable, particularly if your annual turnover exceeds 20 lakh rupees, necessitating GST registration. The primary service provided, IELTS coaching, falls under 'education support services' with SAC code 999299, attracting an 18% GST rate (9% CGST and 9% SGST).

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Chartered Accountant
24588 Points Posted on 07 April 2021
Since the principle supply is conducting of IELTS exam it is covered under Service Code 999299 Group 99929 and Heading 9992 as education support service and therefore taxable @ of 18% (9% CGST and 9% HGST) vide sr.
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On 07 April 2021 at 11:53
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GST Practitioner
55067 Points Posted on 07 April 2021
Yes definitely GST applicable if you are registered in GST & in term of section 22 of CGST Act if the turnover exceeds 20 lac in Fy need to obtain Registration.
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On 07 April 2021 at 23:42

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