Income earned from providing guest lectures will attract 18 per cent GST, the Karnataka bench of AAR has ruled. The applicant, Sairam Gopalkrishna Bhat, had approached the Authority for Advance Ruling seeking clarity on whether the income earned from conducting guest lectures, amounts to or results to as supply of taxable services. While passing the ruling, the AAR said the said service falls under the category of other professional, technical and business services and does not fall under the exempted category of services. Hence, the said services provided by the applicant attract GST of 18 per cent, it said. The AAR ruling would mean that service professionals whose turnover exceeds Rs 20 lakh will have to pay 18 per cent goods and services tax (GST) on income earned from providing guest lectures. AMRG & Associates Senior Partner Rajat Mohan said this ruling will open pandora's box for millions of freelancers, academicians, researchers, professors and others who share knowledge ..
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Wednesday, 16 February 2022
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Income earned from providing guest lectures liable to 18% GST: AAR
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