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Taxable or exemption

vishnuvidhu (staff) (125 Points)

21 July 2018

we have sale notebook to educational institutions . if taxable or exemption

Amount Rs,150000/-

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6 Replies

CA Sunil Kumar (Chartered Accountant) (4519 Points)
Replied 21 July 2018

Supplies provided by third parties like Uniform, Notebooks, stationery, and other non-academic related supplies are taxable under GST.
Supply of books is exempt under GST.

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Vinod Babu (24191 Points)
Replied 21 July 2018

Yes supply of book is exempted under gst.

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Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 21 July 2018

Note book is taxable in GST , so GST is applicable on same even though it is being supplied to educational institution

Vinod Babu (24191 Points)
Replied 22 July 2018

Pankaj sir... confirm whether book is taxable or not.

Whether books or stationery distributed to students covered under GST?

Uniform, stationery, and other non-academic related supplies are taxable under GST. Supplies provided by third parties like the musical instrument, computers, sports equipment and after-school activities offered directly by third parties are also taxable.

Supply of books is exempt under GST.