TMI BlogTransport service to engineering collegesX X X X Extracts X X X X X X X X Extracts X X X X ..... A person is giving transport services to engineering colleges (transporting students from several places to one destination i.e. engineering college) and the person is receiving 20lakh above in a financial year from the engineering college. Is the person liable to pay GST? On the amount received - Reply By KASTURI SETHI - The Reply = Yes. GST is payable. Exemption is available up to Higher Se ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... condary School/institution. (Notification No.12/17-CT(Rate) dated 28.6.17 as amended up to 31.12.18 status as on 15.1.19. 22 Heading 9966 or Heading 9973 Services by way of giving on hire - (a).... to a state transport undertaking, a motor vehicle meant to carry more than twelve passengers; or Nil Nil ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (b).... to a goods transport agency, a means of transportation of goods. [(c)... motor vehicle for transport of students, faculty and staff, to a person providing services of transportation of students, faculty and staff to an educational institution providing services by way of pre-school education and education upto higher secondary school or equivalent.] ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - Reply By Naresh Mudireddy - The Reply = Thank you for your reply sir, if yes to transport service to engineering colleges, then what is the tax rate on it sir? - Reply By Naresh Mudireddy - The Reply = If transport service by the engineering college to the students attracts GST? - Reply By KASTURI SETHI - The Reply = GST Rate is 18 %. No exemption is available even ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... college provides this service. Exemption is op to Higher Secondary whether provided by an educational institution or to an educational institution. See Notification No.12/17-CT(Rate) dated 28.6.17 as amended vide Notification No.28/18-CT(Rate) dated 31.12.18 (effective from 1.1.19. (Serial No.66). Also Notification No.11/17-CT(Rate) dated 28.6.17 as amended vide Notification No.27/18-C ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... T(Rate) dated 31.12.18 effective from 1.1.19 (Serial No.8). HSN 9992, 9963 or 9964 (whichever applicable to you.) Rate is 18% in all HSNs for your activity/service. - Transport service to engineering colleges - Query Started By: - Naresh Mudireddy Dated:- 27-3-2019 Goods and Services Tax - GST - Got 4 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
