Sir
We are running schools under educational society registered u/s 12A of the Income Tax Act.1961. As per latest notification No.13/2018(Central Tax).,Dt.26th July 2018, if the society running residential hostels with food for their school students, GST will be attracted or not ?. Kindly clarify..
fully exempt
Sir
Kindly go through with the above notification. In this notification schools are also covered under tax net. What I understand is correct or not ?. Kindly clarify it.
Sir
I am here with attaching the notification
Pankaji
My Chartered Accountant is telling that, with reference to above notification our school hostel has to pay GST. But we are not able to understand. How it is possible.
Kindly help me.
CAclubindia
