banner_ad

GST applicability on financial support

190 views 3 replies
Dear Experts,

I have a query, please help.

A society organized a conference financially supported by many government and non-government organizations. The sanction letter said the fund should be utilized for specific expenses and the utilization certificate should be submitted. If fund is not utilized compeltely, the balance should be refunded.

Will GST be applicable on above receipt.

Thanks,
Regards,
Shobhit
Replies (3)
Can you explain "specific expenses & the utilisation certificate"
Expenses like food, tent, printing etc.
Utilization Certificate means certificate from management that the fund is utilized for the purpose for which it is received.
The question seems incomplete without the nature of the organisation and the purpose of the conference etc .so plz clarify


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details