GST in case of 12AA of the Income tax Act, 1961

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... GST in case of 12AA of the Income tax Act, 1961
Query (Issue) Started By: - RameshBabu Kari Dated:- 10-8-2017 Last Reply Date:- 11-8-2017 Goods and Services Tax - GST
Got 5 Replies
GST
Dear Experts, An educational institution(Service recipient) registered u/s 12AA of the IT act, received the services in the form of seminor on training from the registerant of GST. In such case, Does i .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nstitute registered u/s 12AA is liable to pay gst on the tax invoice raised by the service provider ? Reply By KASTURI SETHI: The Reply: Under Notification No.12/17-Central Tax Rate dared 28.6.17 exemption from GST is to Service Provider registered under Section 12 AA of the Income Tax Act. Moreover, Commercial coaching or training service is not under RCM. Seminsrs are under this category. Rep .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ly By RameshBabu Kari: The Reply: Dear Expert, If services provided to entity registered u/s 12AA by registrant gst ? In such case , does 12AA registered entity pay GST against that invoice by the service provider ? if not, what is the liability on the service provider for such invoice raised with gst ? Reply By KASTURI SETHI: The Reply: Holding seminar is not a charitable activity. Service pr .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ovider has to deposit GST after collecting from the service receiver (may be registered under Section 12 AA of the IT Act Reply By RameshBabu Kari: The Reply: Thank you sir Reply By Ganeshan Kalyani: The Reply: Receiving service from an unregistered supplier of service is also liable to reverse charge. I.e. recipient of supply of service is liable to pay GST under RCM.
Discussion Forum - K .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X