Query-
Advertisement services by an Ad company (advertisement of admission in university in newspapers ) given to Lovely professional university....
Will it be exempt?
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Services to Educational institution
Replies (7)
No it's taxable supply
ok, reason for the same...?
It's supply as per section 7 CGST Act . & As per Notification 11/2017 cT (R) , it's taxable @ 5% GST
it is taxable because it is not covered under excemption list of services
but services provided to an educational institution in relation to admission services are exempt
NO........AS PER NOTIFICATION 12/2017 CT (R) ,,, UNDER S.NO. 66 (HSN 9992) SERVICES PROVIDED BY AN EDUCATIONAL INSTITUTION TO ITS STUDENT , FACULTY, & STAFF IS EXEMPTED (SERVICES RELATING TO ADMISSION TO OR CONDUCT OF EXAMINATION BY SUCH INSTITUTION: UPTO HIGHER SECONDRY)
HENCE ITS EDUCATIONAL INSTITUTION PROVIDING SERVICES ARE EXEMPTED NOT WHICH IS PROVIDED TO THEM.
KINDLY READ THE S.NO. 67 ALSO IN REGARD TO iim PROVIDING SERVICES TO THEIR STUDENT IN GUIDELINES OF CENTRAL GOVT. IS EXEMPTED
Services provided to an Educational institution, by way of services relating to admission to, or conduct of examination by, such institution, are exempt.
s.no. 66
s.no. 66
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