our institute is an residential educational institute awarding aicte recognised MBA degree. Student Mess (Regd as society) serves breakfast, snacks, food for the students is run by themselves on sharing basis. The income or expenses is not included in mail institute accounts. the turnover in the previous year is more than Rs 1 crore.
My doubt is whether, it is to be registered with GST and if yes what is the rate of GST to be collected from the students
(1) if only students or their guest takes
(2) if staff of institute, guest and companies also takes food from student mess
Mess facility provided to students and staff attracts 5% GST.
Immaterial of whether it is served by the educational institution or an outside contractor, services related to food and beverages provided by a mess or canteen is always taxable at 5% without input tax credit.
For more information or details you may connect with us at:
email: taxclinictc @ gmail.com
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