Applicable GST Rate on Educational Services The SAC code and GST rate for educational services are as follows: Chapter/Section/Heading Description of ServiceGST Rates 9992 Education Services 18% 9992 (a) to students, faculty and staff of an educational institution (b) to an educational institutio...
Following are the rates of GST on Educational services:- Education service= 18% Technical aids for education (teaching-aids)= 5% Instruments, apparatus & models, for demonstration purpose= 28% 7. Which Educational services attract GST on Reverse Charge? There are few examples of Educational serv...
12/2017-CT(R) dated 28.06.2017 and GST at the rate of 18% is applicable on the affiliation services provided by the universities.”GST Applicability on the service of affiliation furnished by Central and State educational boards or Councils, or other similar bodies, to schools:...
GST Advisory services are to evaluate the fiscal impact of GST on business and product pricing. Our GST Advisory experts will help you obtain GST refunds and undertake GST compliances.
sgst is the tax levied on goods and services provided within the boundaries of a given state. the act puts the various state taxes, such as luxury tax, state income tax, entry tax, entertainment tax and so on, under one umbrella. commodities not subject to gst list of commodities does ...
supplies of petrol (RON95, diesel, LPG) on a retail basis goods imported temporarily for the purpose of repair the acquisition of certain healthcare equipment by registered private healthcare facilities the acquisition of certain educational equipment by approved private educ...
Reverse Charge Mechanism Applies on goods as well as services Reverse charge applies to the importation of services andintangible properties Applicable Reverse charge applies to the supply of services Exempt Supplies Sale of land and completed buildings, certain healthcare and educational services, essenti...
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GST stands for goods and services tax. It’s essentially the Australian version ofVAT– a consumption tax imposed on the sale of most goods and services. How much is GST in Australia? So, how much is GST? For businesses in Australia, GST is a tax of 10%. It’s a good idea to che...
Educational services Government fees Most food Donations International travel Bank fees Residential rent GST is calculated as 10 percent of the value of the supply. The value of a taxable supply is the consideration payable for the supply (before GST is added). ...