A Charitable Trust registered u/s 12A rent out a building to another society registered u/s 12A for running a recognized school. is Gst applicable on this or not? if yes, what is the rate?
Replies (3)
Quick Summary
This discussion explores whether Goods and Services Tax (GST) applies when a Charitable Trust, registered under Section 12A, rents out a building to another 12A registered society for running a school. The consensus is that GST is applicable if the rent is for business or commercial purposes and exceeds £10,000 per month, referencing specific GST notifications. However, exemptions may apply if the supply is for charitable activities and the rent is £10,000 or less per month.
here the exemption is not granted as per recepient. but as replied , if supply is for charitable activities & rent is not more than 10000/- pm its exempted.