Gst for schools
NICSON JOHN (513 Points)
07 July 2022
why schools are not registered under gst even though fee collection exceeds the limit.pls reply thanks in advance
NICSON JOHN (513 Points)
07 July 2022
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(3303 Points)
Replied 07 July 2022
GST Law recognises this and provides exemption to educational institutions,providing education up to higher secondary school or equivalent,from the levy of GST. Auxiliary services received by such educational institutions for the purpose of education up to Higher Secondary level is also exempt from GST.
CA Rashmi Gandhi
(Chartered Accountant)
(86220 Points)
Replied 07 July 2022
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
