Company is presently engage in business of commercial coaching & training. It is registered under STP scheme and having the registration with Service tax dept.
Presently company is running following courses :
· MBA Course
· Stock market Courses
· Clinical Research Courses
· CA- CPT coaching
· Business English
· IIT JEE
For MBA course company has a tie up with MANORAMIAM SUNDARANAR university, Tirunelveli and certificate is offered from University.
For other course company is issuing the certificate to candidate.
Query:
A)Effect and Implication of notification No. 33/2011 issued by Service Tax department on 25-04-11 on company business.
B)Whether company is eligible for ST exemption on all the courses it is running with the said notification.
C)Courses which are as per the law or university and we only provide coaching for the said course will the coaching fees is exempt from tax.
D)Whether tie up from university will help us to get the benefit of above notification for the courses not having University certification.
In all the above the course which even recognized by University the fees charged by University to students is different as we charge additional our tution and coaching fees so will the whole amount will get exempted from the ST
CAclubindia
