Page 59 - CA Final GST

Badlani Classes

(7) Postal coaching receipts- Taxable 7,00,000
(8) Placement services- Taxable 10,00,000
(9) Receipts from running training centre in relation to art Exempt
lasses[Exempt vide Entry 80 of Notification No 12/2018-
CY=CT(Rate)]
Value of taxable supply 66,00,000
Total GST payable @ 18% 11,88,000

Que. Educational Services: Fortune Ltd. ( a registered taxable person) provides the following
information relating to their services for the month of November, 2017:

Gross receipts from -
Running a Boarding School (including receipts for providing residential 28,00,000
dwelling services `12,00,000)
Conducting private tuition’s 16,00,000
Education services for obtaining a qualification recognized by law of a 8,00,000
foreign country
Conducting modular employable skill course, approved by National 10,00,000
Council of vocational training
Fees from prospective employers for campus interview 6,00,000
Renting of furnished flats for temporary stay to different persons 6,80,000
Compute the value of taxable supply and the amount of GST payable. the above receipts
are exclusive of GST, GST rate-18%
Ans. Computation of Value of taxable supply and GST liability
Running a boarding school [including residential dwelling [WN-1] Nil
services]
Conducting private tuition [WN-2] 16,00,000
Education services for obtaining a qualification [WN-3] 8,00,000
recognized by law of a foreign country
Conducting Modular Employable skill Course, approved [WN-4] Nil
by NCVT
Fees from prospective employers for campus interview 6,00,000
[Not covered in exemption]
Value of renting of furnished flats for temporary stay to [WN-5] 6,80,000
different persons
Value of taxable supply 36,80,000
GST payable @ 18% 6,62,400
Working Notes:
(1) Running a boarding school is not taxable since education up to higher secondary
school is exempt vide Entry 66 of Notification No. 12/2017 –CT(Rate) and renting
of residential dwelling is exempt vide Entry 12 of Notification No. 12/2017 –CT
(Rate)]
(2) Private tuitions is not exempt as they do not lead to grant of a qualification recognized
by law.
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(3) Education as a part of a curriculum for obtaining a qualification recognized by only
an Indian law and not a foreign law is exempt.

Central Goods & Services Tax Act, 2017