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Applicability of GST, Goods and Services Tax - GST |
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Applicability of GST |
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Whether GST will be applicable on educational trust? Posts / Replies Showing Replies 1 to 4 of 4 Records Page: 1
If trust is registered under Section 12 AA of the Income Tax Act, then exemption from GST is possible. Sometimes changes take place at the last moment.
Well, in our the tax position is not clear. The tax position will be cleared once the final GST Law will come.
There are major changes in revised model draft GST law published in public domain on 25.11.2016 as compared to the original draft model GST law published on 14.06.2016. Thus, we will have to wait till final draft model GST law is published to cast our view on your query.
Unless and otherwise final Act and Rules are coming into force, nothing can be presumed on GST. Page: 1 Old Query - New Comments are closed. |
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