How is bus fee from student n faculty taxable under gst?
12 Replies
Shivam gupta
(student)
(263 Points)
Replied 22 September 2018
exemption from tax on service of transportation of student ,faculty and staff is available only if service is provided to Education Institution.(i.e. supplier of transportation service supplies transportation service to Ed. Institution)(entry 66 ,N/N 12/2017)
Exemption shall not be available if supplier provides transportation service directly to student , faculty or staff without any involvement of Ed. Institution.
Exemption shall not be available if supplier provides transportation service directly to student , faculty or staff without any involvement of Ed. Institution.
praveen
(Expert)
(350 Points)
Replied 22 September 2018
NIL as per serial no 66 of notification no. 12 CTR dated 28th July 2017
Services provided –
(a) by an educational institution to its students, faculty and staff;
(b) to an educational institution, by way of, –
(i) transportation of students, faculty and staff;
(ii) catering, including any mid-day meals scheme sponsored by the Central Government, State Government or Union territory;
If the Transporter directly provides the Services to Students & faculty Then Its taxable under GST..
Aditi
(Job)
(205 Points)
Replied 22 September 2018
@ praveen i guess this facility is drctly gvn to student so it is taxable. Evn m not sure
praveen
(Expert)
(350 Points)
Replied 22 September 2018
If it is directly given to Students n faculty then its taxable
just recheck the nature of Transaction & apply the same..
Aditi
(Job)
(205 Points)
Replied 22 September 2018
The question is receipts from mangal industrial training centre affiliated to the national council for vocational training offering approved course - bus fee from student n faculty
praveen
(Expert)
(350 Points)
Replied 22 September 2018
Its Exempted, as the receipts are collecting from the institution..
Mayur Iyer
(246 Points)
Replied 23 September 2018
As per notification no.9/17 & 12/7 .
entry 66 : Any service(education except for cantten service if held by private institues) given by a educational institue (pre school upto higher secondry, education for degree/diploma, institute prividing vocational service).
is exempted under levy of gst
entry 66 : Any service(education except for cantten service if held by private institues) given by a educational institue (pre school upto higher secondry, education for degree/diploma, institute prividing vocational service).
is exempted under levy of gst
subhagan sreerangam
(7054 Points)
Replied 23 September 2018
Mr Praveen explanation is good and correct
Aditi
(Job)
(205 Points)
Replied 23 September 2018
Coaching un recreational activities relating to dance is exempt?
Recent Topics
- Excess itc claimed then intrest applicable even if
- Financing for Properties and Businesses
- TAX DEMAND STILL SHOWING ON INCOME TAX PORTAL, EVE
- FORM 10 IEA IN Revised return
- ITC Eligibility on GTA
- Top Highest Tax-Paying Celebrities: FY 2023-24
- Misplace society Bye law
- Submit ommited invoice of previous year
- Need your valueble insight
- GSTR-9 Invoices
Related Threads
CAclubindia
