I am an accounatant in one Technical Collage. I am not sure service tax are applicable on Collage fees as per circulare dtd.08/03/2017. If yes how many percentage.
Please guide me.
Jignesh Chauhan (Accountant) (21 Points)
31 March 2017I am an accounatant in one Technical Collage. I am not sure service tax are applicable on Collage fees as per circulare dtd.08/03/2017. If yes how many percentage.
Please guide me.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 31 March 2017
ANY SERVICE provided To an educational institution being Institution OTHER THAN providing pre-school education and education up to higher secondary school or equivalent will be taxable from April, 2017.
No. 10/2017-Service Tax, New Delhi, the 8th March, 2017 ..................
:- “Provided that nothing contained in clause (b) of this entry shall apply to an educational institution other than an institution providing services by way of pre-school education and education up to higher secondary school or equivalent;”. 2. This notification shall come into force on the 1st day of April, 2017.
CA Prakash N
(Head - Indirect Tax (GST & FTP))
(373 Points)
Replied 31 March 2017
CA Prakash N
(Head - Indirect Tax (GST & FTP))
(373 Points)
Replied 31 March 2017
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
