A person is giving transport services to engineering colleges (transporting students from several places to one destination i.e. engineering college) and the person is receiving 20lakh above in a financial year from the engineering college.
Is the person liable to pay GST? On the amount received
GST Applicable on Transport Services to Engineering Colleges; 18% Rate with No Exemptions for Higher Education. A query was raised regarding the applicability of Goods and Services Tax (GST) on transport services provided to engineering colleges, where the service provider earns over 20 lakh annually. It was clarified that GST is indeed payable, as exemptions apply only to services up to higher secondary education. The applicable GST rate for such transport services is 18%, with no exemptions available for services provided by or to engineering colleges. Relevant notifications were cited to support this position, confirming the tax obligations for these services. (AI Summary)
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