Applicability of GST on NGO
Dimple Patel (8 Points)
10 November 2018Dimple Patel (8 Points)
10 November 2018
Sudarshan Sarda
(CHARTERED ACCOUNTANT)
(241 Points)
Replied 10 November 2018
Originally posted by : Dimple Patel | ||
A NGO (not having a 12 AA certificate) purchases some medicines and donates it. Is GST applicable on such transaction?? NO
|
gupta gopavarapu
(109 Points)
Replied 10 November 2018
Dimple Patel
(8 Points)
Replied 10 November 2018
Sudarshan Sarda
(CHARTERED ACCOUNTANT)
(241 Points)
Replied 10 November 2018
GAURAV GUPTA.
APKO NAHI SAMAZTA TO LOGO KO MISGUIDE MAT KARO. NGO TRADING NAHI KR RAHA HAI. SIRF KHARCHE KR RAHA HAI. GST KI APPLICABILITY TRADING PAR HAI. ISLIYE NGO PAR GST KI KOI APPLICABILITY NAHI HAI.
GST KI DEFINATION DHANG SE PADHO. NAHI SAMAZTA TO PADHAI KARO.
Sudarshan Sarda
(CHARTERED ACCOUNTANT)
(241 Points)
Replied 10 November 2018
DIMPLE JI,
GOPAVARAPU ABHI BACCHA HAI, ISKI BAAT PAR DHYAN MAT DO.
Durgesh Mourya
(219 Points)
Replied 04 August 2019
You have to Pay GST on Purchase of Medicine or Any other thing. Means You have to pay GST on Purchase.
Regarding GST Applicable to NGO, only if your NGO Transaction is above 36-40 Lakh. [Limit is 40 lakh rupees 2019-20]
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961