GST Impact on Educational Institutions
As per Constitution of India, Education is a right to every citizen of India. Moreover, education can’t be sold and one can not earn profits by selling Education in India. So, education is a services and not a…
What is the reason behind filling Table 5(b) of TRAN 1?
In Table 5(b) of TRAN 1, GST department seeks details of statutory forms received for which credit is being carried forward As per erstwhile Central Sales Tax Act, 1956 (in short “CST”), concessional rate of tax was charged on…
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