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ITC under gst of societies
under gst on which type of expenses can a society take claim of GST or on which can't. pls brief in details.
Replies (2)
society is registered in gst??
As per section 2(17) the defination of Business :
e) provision by a club, association, society, or any such body (for a subscripttion or any other consideration) of the facilities or benefits to its members;
Hence the Activities of society is can be in the course & furtherance of Business, so any expenses related to same the ITC is admissible
e) provision by a club, association, society, or any such body (for a subscripttion or any other consideration) of the facilities or benefits to its members;
Hence the Activities of society is can be in the course & furtherance of Business, so any expenses related to same the ITC is admissible
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