I have an query with regard to GST for schools.
as for the receipts it exempted
but for my purchases i am liable to pay GST
so can i take the Gst input credit and take the refund
should i register for GST registration FOR SCHOOLS
Menu
GST REGISTRATION for schools
Replies (2)
yes...u can take itc from if u have output tax liability......in this case u have to take registration for taking advantage of itc and reduce your gst obligation..... otherwise u can not claim itc..👍
i dont have any out put tax liability as services from schools is exempt .
ours is a school and we only have income of schools fees monthly
ours is a school and we only have income of schools fees monthly
Recent Topics :
- Is there any faculty taking chapterwise test in CA
- Late Fees and Interest
- HDFC Bank’s Bureaucracy: The Nightmare of Fl
- Running a CSC Center, Maha E-Seva Kendra, Setu Ken
- GSTR-9 Table 8A issue
- CA Inter Coaching institutes at Hyderabad
- Looking for practising CA
- TDS return filing
- Need formats of FS as per Co act 2013 in soft copy
- Remittance to italy
Related Topics :
CAclubindia
