service tax of educational institutes

[D.krishna Rao]

we registered under socities act for promoting intermediate education which was regulated by Board of inter mediate;govt.of AP.we have taken the premises for lease to run the college.we have applied for 12A registration to the concerned income tax authority and the same is under process.We wish to know the service tax liability of our society under the latest provisions and circulars regarding the tax aveon immovable properties and service tax on fee collections from students and its CENVAT CREDIT provisions.we have obtained permission from Board of intermediate and govt. of AP to start the college also.

[bhart b sharma]

in this connection, plz go through Great Lakes Institute of Management Ltd. v. Commissioner = 2013 (10) TMI 433 - CESTAT NEW DELHI - LB= 2013 (32) S.T.R. 305 (Tribunal-LB)

AI Summary

Service tax liability on educational services: applicability to leased premises, fee collections, and availability of CENVAT credit. Service tax liability of a society running an intermediate college concerns whether fee collections and services connected with leased immovable property used for education are taxable and whether inputs and input services used in delivering education qualify for CENVAT credit; the society is registered under the Societies Act, has regulatory permission to operate, and has applied for income-tax exemption registration. The reply refers to a tribunal decision as relevant authority for assessing taxability and credit eligibility under the applicable provisions and circulars.