11 December 2019
Our Company is registered under GST and paid Rs 50,000/- + 9,000/- GST as Sponsorship fees to a Educational institution, So who can pay the GST on RCM basis.Whether Input GST Credit can be taken on the invoice issued by educational Institution.
11 December 2019
What treatment the educational institution will do regarding Rs9000/- GST collected by them. and what will be the Sponsorship expenses in our profit and loss a/c
CAclubindia
