CA Satyen Sharma (Head - Accounts and Finance) 11 February 2019
If a University has an Alumni Cell and it sells the T Shirts with the university logo only to its Alumni by adding 10% of the cost over and above for freight and admin cost.
Would the above be considered as a commercial activity and whether exemption under Sec 10 (23C) would be affected by the same.
At the same time, whether GST would be applicable on the sales ??
Kindly reply at the earliest and oblige.
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