TaxTMI 
TaxTMI 
IF A CENTRAL SCHOOL IS SERVICE RECEIVER OF FINANCE SERVICE.
SO CENTRAL SCHOOL IS EXEMPT FOR GST APPLICATION OR NOT
CENTRAL SCHOOL EXEMPTION
23 Jan 2019 
8 Replies 
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GST registration requirement: supplier of financial services to an educational institution must register and charge GST; school need not register.
When a chartered accountant firm supplies financial services to a Central school, the supplier must register under GST and collect tax because financial services to educational institutions are not covered by the notification exemption and are subject to forward charge; the school as recipient need not register solely on that account, though it must assess its own registration requirements. (AI Summary)
When a chartered accountant firm supplies financial services to a Central school, the supplier must register under GST and collect tax because financial services to educational institutions are not covered by the notification exemption and are subject to forward charge; the school as recipient need not register solely on that account, though it must assess its own registration requirements. (AI Summary)