GST laws specifies that no credit shall be availed on membership charges.
However, what will happen if a company pays GST on membership charges for business associations which is primarily for the purpose of business.
Replies (1)
Quick Summary
ITC on membership fees depends on type: GST on club, health and fitness memberships is blocked under Section 17(5), but membership fees paid to business associations for business purposes are generally eligible for ITC.
As per section 17 gst paid on membership of a club, health and fitness Centre, is not available. So gst paid on membership fees for business association would be available.
Leave a Reply
Your are not logged in . Please login to post replies