Hi Everyone,
One clarification is GST to be charged on the space rented out to a pre-school?
Menu
GST on the space provided to run a Pre School
Replies (5)
For residential place rent is exempt, however no exemption for a school.
Exemption u/s 11 exempts services provided to pre school therefore it's exempt no gst applies
Ms Roshni Serial No. 66 provides exemption for service of Transportation, catering, security, house-keeping.
not of renting a space.
any other serial no.? if I missed?
not of renting a space.
any other serial no.? if I missed?
Input Services with respect to Exempted Services are not all exempted (Entry No 66 in case of Education Services Ntfn No 12/2017 and 09/2017).The Institution cannot avail ITC on such service ,but for the service provider it is not residential rent. It is commercial rent and hence not exempted.
Section 11 is general section which gives power to exempt certain services or goods. But what type of goods or services are exempted and relevant conditions must be reckoned from Notifications only.
Exactly agreed with M. Keerthi Chandra.
as I earlier mentioned space rented to a pre-school is not exempted. GST shall be levied.
as I earlier mentioned space rented to a pre-school is not exempted. GST shall be levied.
Recent Threads
- ITC availment relationship
- Challan confusion in ITR B block return
- U/s 23 (2)(a) and 23 (2)(b)
- Building a Strong Financial Foundation: Key Accoun
- Long Term Capital Gains for shares
- Hiring Company Secretary Manager with 2 Years of P
- Updated Return _ Deduction
- Turf Club Veterinary Department. Procurement Manua
- I have wrongly shown itc in reclaimable itc inste
- Help reqd in getting Professional Tax challan
Related Threads
CAclubindia
