Dear professionals,
It would be so kind of you if you suggest me on how should I suggest my new client, who has opened a gymnasium, regarding the membership fees from members, is it taxable? And the input for equipments he has bought...
Menu
gst for gym
Replies (1)
Since the firm is new then obviously it might have not crossed 20lac turnover to get compulsory registration of GST so no GST can be levied by your client.
Now if assessee wishes to take credit of GST paid on inputs he need to get registered or else he can charge them as expense and include in cost and collect from customers
Recent Topics :
- TDS on payment to a non resident
- NSFA(National Food Security Act) commission
- RCM applicability on petty GTA freight (₹450
- Short payment reccieved in export & GST implic
- Parag Gupta vs Purushottam Aggarwal- who is best f
- GST applicability on own-vehicle goods transportat
- FAST DS Scheme 26
- 12A registration expired in FY 22-23 and is not re
- Seeking Clarification on Business Code Selection a
- CG on property sold after construction of a house
Related Topics :
ARTICLESHIP
30 September 2026
CA Article Assistant
CA Suraj Garg & Associates
New Delhi
CA Final
View Details
ARTICLESHIP
07 September 2026
CA Articles
Kothari Jain Patil & Chartered Accountants
Pune
CA Inter
View Details
ARTICLESHIP
04 September 2026
Accounts Executive
Hema Yashwanth & Associates
Chennai
B.Com
View Details
Featured
12 September 2026
Assistant Manager - Finance & Compliance
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
CCI
Pro
CAclubindia
