Hii
1 yes you fall under code 4901
2 na
3 yes if you are supplying interstate
4 academic books nil rated gst
GST on competitive Exam Books (without classes)
We supply only Books for UPSC Competitive Exam. We do not provide any coaching classes. [Our Process] We purchase Paper from market. With the help of office printer, we print notes ourselves, Staple it, convert these pages into book form and sell to candidates preparing for UPSC exam. We supply these Notes-cum-Books to candidates all over the country (India). All our payment comes through online payment gateway on our website. We took GST number as it was required for making INTER-STATE supply of our parcels containing these Books. (However, our turnover is less than 20 lakhs) Our Query is: 1. Wether we qualify under Nil rate of GST under 4901 "Printed Books" ? 2. If not, then What should be the actual rate we should pay GST and WHY (GST Rules/Notifications? 3. Does we really need GST number, even our turnover is less than Rs.20 lakh per annum ? 4. Printed books for competitive exams attract how much GST rate?
Asked 3 years ago in GST
I don't think there is any different GST rate on UPSC book and thus HSN would be 4901 at 0%.
Further no GST registration required if you just sell this 0% books even if it's inter state.
But since you are even providing service of courier there could be a situation of gst registration.
Hope you find the information helpful if you do please rate it 5 and provide your valuable feedback for my improvement.
Thank you.
Kindly again Clarify the following facts considering my above Books for UPSC business: 1. I do not come under Private Coaching Business (that attract 18% GST). 2. If i Surrender GST Registration, Can i take again after few years with same PAN card details? Second Scenario: If i start, online video classes coaching along with these Printed Books: 1. What would be the GST Rate for Online Video Classes for UPSC exam? 2. If yes, can I Pay GST only for Videos under this GST Number (alongwith Nil Rate for Printed Books)? 3. Or taking separate GST Number for Online Video classes is suggested??? Thanks
Asked 3 years ago
Hi
1 answer already shared
2 yes you can re register under gst any time if due to any reason you surrender your existing registration
1 online coaching will attract 18% gst rate
2 you can do so only if you are selling both products independently means no compulsion on buyer to purchase both together
3 yes you can do this but after considering advised in 2 above
Dear Sir,
Selling printed book is exempted by government, hence when you sale printed book to others you need not to charge any tax.
If your turnover doesn't exceed threshold limit, there is no need to obtain gst registration.
But if you further start providing online coaching classes then gst is attracted @18%.
Regards
Shiv Kumar Agarwal
Yes you can take registration later on same PAN if you surrender it now.
Online video classes would attract 18% GST.
Yes then you have to pay GST only on online video classes.
No.
Dear Sir,
Hope you are doing well !!
As per GST Law, there is no GST payable on Printed books. So the rate of GST payable on Printed books is nil rate.
-You don't required to take GST registration.
- Yes, it is covered under Nil rate of GST under 4901 "Printed Books".
It is advisable to take a phone consultation for detailed discussion.
We may assist you for the same.
Hi
1. Yes this will be covered under printed book therefore it is nil rated no gst payable on same.
2. GST registration is required once your turnover cross 20 lakhs so if your turnover less 20 lakhs no need of registration.
Hi
Yes if you Surrender GST Registration, you Can take again after few years with same PAN card details.
GST Rate for Online Video Classes for UPSC
exam is 18%
Yes you can pay gst on coaching class along
with nil rated no need take separate
registration.
Ask a Chartered Accountant
Get tax answers from top-rated CAs in 1 hour. It's quick, easy, and anonymous!
Ask a CA