- Whether GST will be charged by a vendor providing service to a Trust?
- Which services are exempt on which GST will not be charged?
- Whether GST will be charged by the vendor even if the trust is registered u/s 12A
- Whether, and in which cases, the trust can can take refund of the GST paid to the vendors?
Menu
Gst on services by vendor to a trust
Replies (4)
1. Yes
2. Refer notification 12/2017- CGST Rate for exempted services
3. yes
4. Refund of gst input credit will be given in only two cases
a. export of service/goods
b. inverted tax scruture i.e., inputs are higher tax rate than outward sales
2. Refer notification 12/2017- CGST Rate for exempted services
3. yes
4. Refund of gst input credit will be given in only two cases
a. export of service/goods
b. inverted tax scruture i.e., inputs are higher tax rate than outward sales
Hi Sujith thank you so much for your clarifications. One query... Isn't the GST charged by vendor an additional cost burden on the trust (even if it is 12A registered)? What will be the logic of government in making this law?
Yes, GST charged by vendors is additional burden to the trust. Both government and trust have same moto to an extent providing service to the public in thier way, hence the govt feels collecting tax from trust would only mean instead of trust spending for people govt will spend.
Charitable activities also normally liable unless there is a clear exemption. There are 35 lakhs NGo but only 3-4 lakhs are genuine. GST mandates even govt to pay GST unless there is an exemption. Over period of time most exemptions would disappear and refund would be the route for providing support.
Recent Topic
- Section 54F exemption for buying a plot
- My client missed to file ITR 3 for AY 25-26
- Subscription/Membership fees
- Inverted tax gst refund
- Mismatch of pincode and district while registering
- Total income less than 12 lakhs but after processi
- Is Getsvision Solutions right for SMTP bulk email
- Queries on Stock/ETF gifting.
- Adding bank account for the deceased for ITR refun
- SALE OF EQUITY ON THE LAST DAY OF THE FY 2024-25 N
Related Topics
CAclubindia
