GST on NGO
This query is : Resolved
23 June 2017
What will be the impact of GST on NGO's , Trust and Church or Section 8 companies as per companies Act 2013,
23 June 2017
it is applicable if they are crossing the thresh hold limit under GST
23 June 2017
The are receiving Donation or grant from party, and if they get service from single person so is there need to pay GST under reverse charge?????
23 June 2017
are you paying any service tax in the current situation? (i.e. pre GST)
23 June 2017
and NGO is not providing any services, it is for social welfare and there is no taxable income, so now my question is that, they need to register in GST or Not??????
24 June 2017
the same situation will continue to exist in GST
24 June 2017
No. It will not be taxed.
(Why do you fear that donation or grant will be taxed under GST, any specific reason?)
(Why do you fear that donation or grant will be taxed under GST, any specific reason?)
24 June 2017
No need of GST registration and no need to pay GST under reverse charge.
26 June 2017
Yes for its charitable activities it is exempted not for business activities.
Services by an entity registered under section 12AA of the Income tax Act, 1961 (43 of 1961) by way of charitable activities;[Charitable activities may be defined as presently in notification No 25/2012-ST.
Services by an entity registered under section 12AA of the Income tax Act, 1961 (43 of 1961) by way of charitable activities;[Charitable activities may be defined as presently in notification No 25/2012-ST.
28 June 2017
if NGO is getting donation from foreign for specific project, and NGO is taking service and pay GST on that services or goods, so what will be the treatment of ITC and even NGO is not providing any services.
29 June 2017
ITC can't be claimed under these circumstances.
06 August 2017
Reverse Charge Mechanism continues like it did in ST regime. I would request you to take a GST registration if you are hiring any services which attract reverse charge. Such as lawyers, transport, payment to non-taxable territories. There's no specific relief for reverse charge for entities registered under 12AA. Sadly, once you do take the registration you will need to do the compliance every month.
With regards to your query on donations/grants being taxable. They are not. As long as there's no benefit to the donor. Like advertisement/sponsorship etc, basically no quid-pro-quo
With regards to your query on donations/grants being taxable. They are not. As long as there's no benefit to the donor. Like advertisement/sponsorship etc, basically no quid-pro-quo
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