Engineering college conduct AFOSEC event gst applicable or not

This query is : Resolved

ammaji rajulapati (Querist)
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23 February 2024 Sir/Madam,
Engineering college organizing AFOSEC-2024 event in this event some stalls are arranged by
Ltd companies and individual persons, So, we are collected registration fee above 500/-rs.

What is the gst % and HSN code of this event , otherwise we are consider this event stalls in consultancy head 998393 .

Plz clear the doubt .

Asha Kanta Sharma

Asha Kanta Sharma

(Expert)
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06 July 2024 For organizing events like AFOSEC-2024 where registration fees are collected for stalls arranged by companies and individuals, GST applicability and HSN code depend on the nature of services provided. Here are some guidelines:

1. **GST Applicability**: Registration fees for events are generally considered as services provided by the event organizers. The applicable GST rate would typically be 18% under the category of "Business Support Services" (9983) unless the event qualifies for a lower rate under specific exemptions.

2. **HSN Code**: The appropriate HSN (Harmonized System of Nomenclature) code for the services provided (organizing events and providing space/stalls) could fall under various categories depending on the nature of the event. For event management services, the HSN code commonly used is 998392.

3. **Consultancy Services**: Head 998393, "Other professional, technical, and business services," typically covers consultancy services. However, for event management and stall arrangements, it's more appropriate to classify them under the specific event management services (998392) if the primary activity is organizing an event and providing space for stalls.

To ensure compliance and accuracy in GST filing, it's recommended to consult with a Chartered Accountant or GST practitioner who can assess the specific details of AFOSEC-2024 and advise accordingly based on the exact services provided and the event's structure.