GST on amount deducted while refunding fees to students due to cancellation of admission

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..... Hi, suppose a particular students admission is cancelled, student is paid back his fees after deducting some % of amount. is GST applicable on this deducted amount.??? - Reply By Shilpi Jain - .....

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..... The Reply = What is the reason for the deduction? I mean why is some portion of money retained? - Reply By KASTURI SETHI - The Reply = I have observed that it is a practice in some schools and col .....

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..... leges. This is deducted as processing/scrutiny of the admission forms. It is covered under Schedule-II (5)(e) of CGST Act and GST is applicable. - Reply By Padmanathan Kollengode - The Reply = .....

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..... Dear querist, need more inputs. What is the reason for retaining such amount? - GST on amount deducted while refunding fees to students due to cancellation of admission - Query Started By: - Mratu .....

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..... njaya Vajramatti Dated:- 22-1-2024 Last Replied Date:- 2-2-2024 Service Tax - Got 3 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Manage .....

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..... ment India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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