Abacus Coaching Classes provided, it is taxable right, GST 18%
Please, reply
7 Replies
Shivam RC
(Student)
(23683 Points)
Replied 23 May 2021
If the Aggregate Turnover of the Abacus Coaching Classes exceeds Rs. 20 lakhs, then GST @ 18% is applicable.
Shivam RC
(Student)
(23683 Points)
Replied 23 May 2021
Yes provided all the Four conditions as laid down U/s 16(2) of the CGST Act 2017 is satisfied but subject to BLOCKED CREDIT U/s 17(5) of the CGST Act 2017.
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