Profits earned from providing guest lectures at possibility of 18 pc GST: AAR

Profits earned from providing guest lectures will attract 18 per cent GST, the Karnataka bench of AAR has dominated. The applicant, Sairam Gopalkrishna Bhat, had approached the Authority for Come Ruling searching for clarity on whether the earnings earned from conducting guest lectures, amounts to or outcomes to as supply of taxable services.

While passing the ruling, the AAR mentioned the mentioned carrier falls below the category of assorted legit, technical and industry services and does no longer fall below the exempted category of services. Hence, the mentioned services provided by the applicant attract GST of 18 per cent, it mentioned.

The AAR ruling would imply that carrier professionals whose turnover exceeds Rs 20 lakh will favor to pay 18 per cent items and services tax (GST) on earnings earned from providing guest lectures.

AMRG & Mates Senior Accomplice Rajat Mohan mentioned this ruling will open pandora’s field for thousands and thousands of freelancers, academicians, researchers, professors and others who part recordsdata as guest lectures on payment of a consideration.

“Contributors working part-time as instructors, trainers and mentors would additionally favor to revalidate their obligation to pay GST put up this ruling,” Mohan added.

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