Levy of gst on donation
MOHD AZID (TAX LAWYER) (142 Points)
24 June 2020
Donations received by club from members in lieu of Covid-19, is gst payable on these donations?
1 Replies
Shivam RC
(Student)
(23683 Points)
Replied 24 June 2020
GST is not applicable on DONATIONS received from members in lieu of COVID-2019.
It is not a SUPPLY as per Section 7 of the CGST Act 2017. Hence no GST is applicable. It's not in the cource or furtherance of business.
Regards,
Shivam RC.
It is not a SUPPLY as per Section 7 of the CGST Act 2017. Hence no GST is applicable. It's not in the cource or furtherance of business.
Regards,
Shivam RC.
Recent Topics
- Form 3CEAB
- Form 3CEAA and Form 3CEAB
- DIR 3 Web KYC
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
- Making payment once in quarter possible under QRMP
- Master File Documentation related
- Applicability of 44AD needs clarification
- ITC reversal in GST 3B
Related Threads
CAclubindia
