Gst on donation

This query is : Resolved

Share Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

12 September 2017 Dear sir,

Pls advise whether gst applicable or not on donation ???

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

12 September 2017 Donations are not covered under GST

Vishakha Kejriwal.

Vishakha Kejriwal. (Expert)
Follow

13 September 2017 In case donations are made in form of goods GST may be applicable as per Schedule I of CGST Act.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

13 September 2017 GST is essentially a tax only on commercial transactions. Hence, only those
supplies that are in the course or furtherance of business qualify as supply under GST. Hence, any supplies made by an individual in his personal capacity do not come under the ambit of GST unless they fall within the definition of business as defined in the Act.GST is essentially a tax only on commercial transactions.
Hence, only those supplies that are in the course or furtherance of business qualify as supply under
GST. Hence, any supplies made by an individual in his personal capacity do not come under the ambit of GST unless they fall within the definition of business as defined in the Act.

Donation in kind is not form part furtherance of business and not constitute the supply,
hence GST may not apply

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Rakesh Maner

Credible HRM

Jai Solanki

Ashif Cheenikkal

sandhya.v

Subscribe Now

Gst on donation

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA