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Gst registration and applicability for trust
A trust runs a nursing college and a hospital its turn over is above 20 lakh is gst applicable?Did liable to register?
Replies (3)
Yes, trust is a person u/s 2(84)(m) of CGST Act and is liable to be registered. Refer brochure on registration:
https://www.cbec.gov.in/resources//htdocs-cbec/gst/regn-GST-onlineversion-07june2017.pdf
However, if it is registered u/s 12AA of Income Tax Act 1961 by way of charitable activity, it is exempt vide entry No.1 of the notification and need not register:
https://www.cbec.gov.in/resources//htdocs-cbec/gst/Notification12-CGST.pdf
GST on trust Registration
a) what if trust ( registered u/s 12AA) avails service / goods from unregistered dealer......
b) if yes , how to avail credit
But trust purpose is not furtherance of business
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