Gym fees collected
Nishu Kotian (332 Points)
25 November 2018Nishu Kotian (332 Points)
25 November 2018
VARUN MAHAJAN ADVOCATE
(Proprietor)
(339 Points)
Replied 25 November 2018
VARUN MAHAJAN ADVOCATE
(Proprietor)
(339 Points)
Replied 25 November 2018
Nikhil Kaushik
(Fellow CA)
(85776 Points)
Replied 25 November 2018
Originally posted by : VARUN MAHAJAN ADVOCATE | ||
Sir as per gst hsn code for gym services is 9506 hence they also are considering the same as services |
just because something is classified as a service, that doesn't mean its a profession. running a gym doesn't mandatorily require. I can a bed ridden person owning a gym that is managed by trained staff!
VARUN MAHAJAN ADVOCATE
(Proprietor)
(339 Points)
Replied 25 November 2018
Nikhil Kaushik
(Fellow CA)
(85776 Points)
Replied 25 November 2018
Originally posted by : VARUN MAHAJAN ADVOCATE | ||
Sir in this context I would ask my freind that if a doctor |
even if you are a doctor, gym would ideally be classified as a business only.
Anup
(Student CA IPC / IPCC)
(22 Points)
Replied 25 November 2018
Rahul Rustagi
(Student CA Final )
(310 Points)
Replied 25 November 2018
Venkatesh Chamarthi
(Auditor)
(18 Points)
Replied 25 November 2018
If the person is a fitness professional(like yoga, aerobics, etc..,) and trains his clients - then it is profession
if the person provides equipment, and members use them, then it is business.
A fitness professional is a professional in the field of fitness and exercise, most often instruction (fitness instructor), including aerobics and yoga instructors and authors of fitness instruction books or manuals. courtesy - google
Nitesh bind
(Student CA Final )
(12692 Points)
Replied 26 November 2018
VARUN MAHAJAN ADVOCATE
(Proprietor)
(339 Points)
Replied 30 November 2018
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961