IIM is Government entity and liable to pay GST under RCM on receipt of legal services: AAR
Court :
Tamil Nadu Authority for Advance Ruling
Brief :
In Indian Institute of Management, Tiruchirappalli ('IIMT/ the Applicant') vide order no. 20/AAR/2021 dated June 18, 2021 the Hon’ble Tamil Nadu Authority for Advance Ruling ('TAAR') held that, Applicant is a government entity liable to TDS provisions u/s 51 of CGST Act, 2017 and is also liable to pay tax under Reverse Charge Mechanism ('RCM') in respect of legal services received by them.
Citation :
20/AAR/2021 dated June 18, 2021
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Bimal Jain
Published in GST
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