As we do not charge consultation in indian rupees from students as our services are free. Students pay tuition fees directly to foriegn university. Universities pay us referal or commission in foriegn currency in our company account in india. Gst is applicable?
As we do not charge consultation in indian rupees from students as our services are free. Students pay tuition fees directly to foriegn university. Universities pay us referal or commission in foriegn currency in our company account in india. Gst is applicable?
As we do not charge consultation in indian rupees from students as our services are free. Students pay tuition fees directly to foriegn university. Universities pay us referal or commission in foriegn currency in our company account in india. Gst is applicable?
inward remittence is subject to GST, as commission, but a threshold limit of exemption is available of 20 Lacs per PAN indentity
) the payment is made direct to university in foreign exchange, and university pays back the commission (or whatsoever to agent, does not matter) then place of service is confirmed out of taxable territory. ST not applicable
Read more at: https://www.caclubindia.com/forum/details.asp?mod_id=337369&offset=2
) the payment is made direct to university in foreign exchange, and university pays back the commission (or whatsoever to agent, does not matter) then place of service is confirmed out of taxable territory. ST not applicable
Read more at: https://www.caclubindia.com/forum/details.asp?mod_id=337369&offset=2
Service provided by way of imparting education directly by an enterprise, recognised by indian law are exempt under negative list of service tax . in your it shall be taxable
We send students to those universities and in a way it is business support to the university. What do you think the probability that we are exempted from paying Service Tax?