How is bus fee from student n faculty taxable under gst?
Shivam gupta
(student)
(263 Points)
Replied 22 September 2018
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
(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
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
subhagan sreerangam
(7040 Points)
Replied 23 September 2018
Aditi
(Job)
(205 Points)
Replied 23 September 2018
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