Coaching institutes need to pay GST on composite supply basis, clarifies CBIC

GST rate for coaching services attract 18 per cent  A coaching institute cannot deposit Goods & Services Tax (GST) on individual items basis for the supply of notebooks, t-shirts, bags, sweat shirts, etc. to students along with coaching service, Central Board of Indirect Taxes & Custom (CBIC) has clarified. “These types of bundled services fall under the category of ‘Composite Supply’…