Donation (rcm)

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account manager
777 Points Joined February 2011

We have  paid RS. 30000.00  to a CLUB (UNREGISTER IN GST) by Cheque for DURGA PUJA DONATION PURPOSE 

Can RCM applicable for this above transaction . We Are Register Person in GST

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On 26 September 2017 at 11:24 Report
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"Do the Right Thing...!!!"
128111 Points Joined January 2015
Yes...
RCM applicable...
Also disallowed the expenditure under IT...
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On 26 September 2017 at 11:57
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account manager
777 Points Joined February 2011

But Sir Many WABSITE Said Donation is EXEMPTED under GST Law, Because Donation not cover any Purchase or Service.

IF RCM applicable then TAX rate & HNS/SAC Code said for this

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On 26 September 2017 at 14:19
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Student
120 Points Joined June 2017
No, GST is not leviable as it is not a supply
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On 04 October 2017 at 20:28
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"Do the Right Thing...!!!"
128111 Points Joined January 2015

Mr Bhargav Varma.,

How to account the Above said amount in our books of accounts...?

If you are a CA then what is your exact treatment above said Donation..?

You ll be take it as Donation U/s 80G...?

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On 04 October 2017 at 20:37
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Student
120 Points Joined June 2017
Sir, what you said is correct. It is a disallowable expenditure & that too exemption is not available u/s 80G. What I said was, Since it was not a supply, GST is not leviable and there is no point of RCM. Correct me if I'm wrong and quoting of relevant provisions in that case is appreciable.
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On 04 October 2017 at 20:46


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