International Schools in Gujarat Face Higher Costs as GST Hits Affiliation Fees
December 5, 2024 17:45The Goods and Services Tax (GST) department has sent notices to multiple schools across Gujarat, demanding payment of GST on affiliation fees paid to international boards, with retroactive effect from 2017. Schools are required to pay an 18% GST under the reverse charge mechanism (RCM), treating these affiliations as “imported services.” With potential liabilities amounting […]