as provided in notification no 02/2018 that supply of online journals and periodical to educational institution are exempt under GST.
however providing ebooks are also considered as OIDAR as per section 2(17).
so whether these are taxable or exempt?
just need a clarification that online journal and ebook are one and same thing
but different aspects!
what to do?
Menu
ONLINE JOURNALS VD OIDAR
Replies (1)
As per Notification 13/2028 CT (R)
Supply consisting only of e-book is taxable @ 5% GST
Explanation.- For the purposes of this notification, “ebooks” means an electronic version of a printed book
(falling under tariff item 4901 in the First Schedule to
the Customs Tariff Act, 1975 (51 of 1975)) supplied
online which can be read on a computer or a hand held
device.
AND
As per Notification 2/2018 CT (R) :
(v) supply of online journal or periodicals is Nil Rated being Inserted Under S.no.66 of Notification 12/2017 CT (R)
and S.no. 66 is : Services provided by educational Institution.
(I)....
(II) ......
(III) .......
(iv) .....
*(v) supply of online journal or periodicals
Supply consisting only of e-book is taxable @ 5% GST
Explanation.- For the purposes of this notification, “ebooks” means an electronic version of a printed book
(falling under tariff item 4901 in the First Schedule to
the Customs Tariff Act, 1975 (51 of 1975)) supplied
online which can be read on a computer or a hand held
device.
AND
As per Notification 2/2018 CT (R) :
(v) supply of online journal or periodicals is Nil Rated being Inserted Under S.no.66 of Notification 12/2017 CT (R)
and S.no. 66 is : Services provided by educational Institution.
(I)....
(II) ......
(III) .......
(iv) .....
*(v) supply of online journal or periodicals
Recent Topics :
- MR AASHOK KUMAR SHARMA
- NIC codes for FIRMS registration of entity
- Register on Income Tax as CA
- Deduction In Employee Provident Fund
- This is a gift for all Chartered Accountants and P
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
- Wallet query for GST.
- 25-26 exempted sales
- Hotel stay below Rs.1000/- GST applicable or exemp
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
Related Topics :
CAclubindia
