03 March 2018
We are running a trust from 2016. Shall we pay GST.(We are registered and having GST Number).Our main moto is Education & Training of Doctors. We are having only registration fees (Incomes) from individuals (Professional individuals). 1.Now my question is Trust is need to pay GST? 2.What type of services are liable to pay GST?
03 March 2018
If your trust has an aggregate turnover upto 20 lakhs (this includes taxable and non taxable supplies) then no need to register. If you have turnover of over 20 lakhs, you need not register if you do ONLY exempt or non gst supplies. However if you do some taxable supplies or if you consume supplies that are applicable to reverse charge u/s 9 (3) of CGST act like GTA or Lawyer services, then you need to register.