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GST for Trust
GST applicable to a Trust registered under 12AA which runs Schools and Colleges
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GST is applicable on every entity which is doing any business in india, if his turnover in a year from goods or services exceeds Rs.20 Lakhs. Accordingly if trust is doing any business and his total turnover exceeds from Rs. 20lk, GST will be applicable.
gov. also give some exemption to trust
Thanks for your reply but check the Mega exemption notification March 2017 on GST
It will be exempt from GST if it is registered u/s 12AA of Income Tax Act. Refer entry No.1 of the notification:
https://www.cbec.gov.in/htdocs-cbec/gst/Notification12-CGST.pdf
Thank you. 🙏
Sir,will trust exempt from GST Registration.
Sir can you send the link for notification again. i cannot retrieve it
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