Gst on philanthropic expenses
This query is : Resolved
13 June 2018
We are Pvt.Ltd.company & having trading business & paying GST regularly.
We have incurring charity expenses, like as, paying donation, poor needy person
hospitalization, temple , mosque construction, repair works, exp. on garland,flowers,
prasad distribution, grain exp. to poor people., etc.
These above exp. are incurring from us and we debiting these exp. to donation in
profit & loss account. Exp. are from unregistered suppliers.
Now GST registered person purchase from unregistered person are not taxable
under RCM till 30.06.18.( suspended )
My query is after 30.06.18 can above exp. are taxable under RCM
You are requested to please give guidance . Pl. this matter is most urgent.
Regards
Rajkumar Gutti
We have incurring charity expenses, like as, paying donation, poor needy person
hospitalization, temple , mosque construction, repair works, exp. on garland,flowers,
prasad distribution, grain exp. to poor people., etc.
These above exp. are incurring from us and we debiting these exp. to donation in
profit & loss account. Exp. are from unregistered suppliers.
Now GST registered person purchase from unregistered person are not taxable
under RCM till 30.06.18.( suspended )
My query is after 30.06.18 can above exp. are taxable under RCM
You are requested to please give guidance . Pl. this matter is most urgent.
Regards
Rajkumar Gutti
13 June 2018
GOD knows what will happen after 30.6.2018 but do take care of one thing that in case of donation also if it is sponsorship kind of activity then GST would come in to the picture.
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