Dear Sir,
Request to clarify the following
Non Profit orgination/Association of persons registered with Income tax dept and having PAN Number are doing following business.
(Example - Bank association and CAIIB )
Sale of books - Rs 4 Lacs ( approx commission of 20%)
Fees - 9 Lacs (collecting the fees and remiting to the Institution. No profit was mad).
Interest on FD - 9 Lacs
GST registration required or not
CAclubindia
