TaxTMI 
TaxTMI 
Whether GST is applicable on affiliation fee collected by the university from colleges??? if yes what is the applicable rate and when the university need to remit the same?
GST ON INWARD SUPPLIES
03 Feb 2021 
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GST on affiliation fees: taxable as a service at the standard rate; liability arises on invoice issuance or payment.
Affiliation is a supply of service classified under the residual other-services category and attracts the standard GST rate; no exemption applies if the university is not a government authority. Liability to remit arises at the time of supply, being the earlier of invoice issuance or receipt of payment when invoices comply with prescribed timing, or otherwise the earlier of provision of service or receipt of payment, with recognition in recipient books as a fallback. (AI Summary)
Affiliation is a supply of service classified under the residual other-services category and attracts the standard GST rate; no exemption applies if the university is not a government authority. Liability to remit arises at the time of supply, being the earlier of invoice issuance or receipt of payment when invoices comply with prescribed timing, or otherwise the earlier of provision of service or receipt of payment, with recognition in recipient books as a fallback. (AI Summary)