Dear Sir
I have query about gst. I have entered in an mou with a coaching center as master frenchise in which corporate will provide teaching and non teaching staff at our coaching center for which i will pay to corporate for their monthly salary. And students enrolled at my center I will take fees from students and pass royalty to corporate for that fees. What will be my gst mechanism. And if a new frencise join under me he will pay frenchise fee to me and corporatcoand pass royalty on fee collection to me and corporate. He will also have teaching staff facility from corporate via me i.e. corporate will bill to me and i will bill to him. In this case also what should be our gst mechanism. Do at any stage will I get input credit of gst and how..
Thanks.
CAclubindia
