gst on eefc to clsi

Dear Jayasheelji,

If your question whether the GST is charged on amount transferred to clinical laboratory standards Institute from our EEFC A/C.

whether its in nature of infurtherence of business activity either Purchase or sale

 In GST Business is wider concept as defined under Sec.2 (17)of CGST ACT 2017

(17) “business” includes––

1. any trade, commerce, manufacture, profession, vocation, adventure, wager or any other similar activity, whether or not it is for a pecuniary benefit;
2. any activity or transaction in connection with or incidental or ancillary to sub-clause (a);
3. any activity or transaction in the nature of sub-clause (a), whether or not there is volume, frequency, continuity or regularity of such transaction;
4. supply or acquisition of goods including capital goods and services in connection with commencement or closure of business;
5. provision by a club, association, society, or any such body (for a subscripttion or any other consideration) of the facilities or benefits to its members;
6. admission, for a consideration, of persons to any premises;
7. services supplied by a person as the holder of an office which has been accepted by him in the course or furtherance of his trade, profession or vocation;
8. services provided by a race club by way of totalisator or a licence to book maker in such club ; and
9. any activity or transaction undertaken by the Central Government, a State Government or any local authority in which they are engaged as public authorities;

regards,

Bhavya