A Service Receiver is a Registered society under societies registration Act,1860 and is also registered under section 12AA Of Income Tax Act, 1961, engaged in the activities of inhouse/classroom training of employees of society’s member banks, impacting knowledge in the field of Banking for whom food and beverages provided as part of the training programme
The society has informal arrangement with a caterer for preparing and providing of Food& beverages in the premises of society to the trainees, kindly advise the applicable rate of GST payable for preparation of food and beverages in the premises of the society and it’s supply by the caterer to the trainees.
As per today’s news item in the print media, the GST authorities have exempted hostels from the vary levy of GST for providing food etc. to the students pursuing educational courses approved by government/universities leading to awarding of Degree/certificate.
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