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.
Menu
Is ITC available on membership charges for business associations paid by company ?
Replies (1)
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.
So gst paid on membership fees for business association would be available.
Recent Threads
- Shop and Establishment Registration with AGILE Pro
- Deduction 80C, 80D, 80TTA under old regime under b
- Quick Survey: GSTR-2B Reconciliation Pain Points f
- Belated ITR 3 + 10IEA
- ITC related queries
- GSTR- 9 query to rcm
- Calculation of Borrowing Cost as per AS 16
- GSTR 9C
- Presumptive tax 44ADA
- Performances of actors and singers
Related Threads
CAclubindia
