15Jan
ST Exemption
Posted by Rakesh Sangwan
Sir, Admission fee charged by an educational institution is exempted, whether donations charged for admission taxable?
As per clause 9 of Not.No.25/2012ST dated 20.6.12 as amended, service provided (a) by an educational institution to its students, faculty and staff, (b)to an educational institution, by way of.............(iv) services relating to admission to......... is exempted. Hence services provided by educational institution is exempted by (a) and the categorisation of services in (b) is for services provided to an educational institution. The service provided by the institution (admision also) is exempted, in whatever name they collected the amount for admission (fee or donation or both)as per clause (a) above.