Amount received from sale of prospectus

[ROHIT GOEL]

That university registered u/s 12AA of Income Tax Act is receiving amount on account of sale of prospectus, practical books from staff and sale of uniform to staff members which is reflected as income in income and expenditure account.

Whether GST is leviable on such amount as services provided by educational institution to its students or faculty is exempt ??

AI Summary

University Exempt from GST on Sales of Prospectuses, Books, and Uniforms Under Notification No. 11/2017-Central Tax (Rate) A university registered under section 12AA of the Income Tax Act is receiving income from the sale of prospectuses, practical books, and uniforms to staff, and queries whether GST applies to these transactions. Two responses clarify that services provided by educational institutions to students, faculty, and staff are exempt from GST under Notification No. 11/2017-Central Tax (Rate). This exemption includes services related to obtaining legally recognized qualifications. Therefore, the amounts received by the university for these sales are not subject to GST.