Krishna Murty (x) (161 Points)
24 August 2018Sir
We are running schools under educational society registered u/s 12A of the Income Tax Act.1961. As per latest notification No.13/2018(Central Tax).,Dt.26th July 2018, if the society running residential hostels with food for their school students, GST will be attracted or not ?. Kindly clarify..
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 24 August 2018
Krishna Murty
(x)
(161 Points)
Replied 24 August 2018
Sir
Kindly go through with the above notification. In this notification schools are also covered under tax net. What I understand is correct or not ?. Kindly clarify it.
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 24 August 2018
Krishna Murty
(x)
(161 Points)
Replied 25 August 2018
Sir
I am here with attaching the notification
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 25 August 2018
Krishna Murty
(x)
(161 Points)
Replied 27 August 2018
Pankaji
My Chartered Accountant is telling that, with reference to above notification our school hostel has to pay GST. But we are not able to understand. How it is possible.
Kindly help me.
Srinivas Ch
(Sr.Accountant)
(365 Points)
Replied 29 April 2019
CAclubindia
