dear sir,
if a person won prize money from a TV show, then he will liable to pay any GST???
need in urgent..
pls help in This regard
AS PER SEC 2(52) CGST ACT 2017
GOODS includes actionable claims
10 Replies
CA Naveen Chand
(Chartered Accountant)
(12739 Points)
Replied 18 March 2020
but it is better to say that DIRECT TAX will be applicable @ 30.2% (flat) on winning
and not the indirect tax
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 18 March 2020
As per my view.,
GST not applicable for game winning amount...
GST not applicable for game winning amount...
harish kumar
(183 Points)
Replied 18 March 2020
Sir pls clarify me under which section it is not considered as my turnover
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 18 March 2020
Bcoz, it's not a supply by You.
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 18 March 2020
No need to show it under GST returns...
In case You want to file GSTR 9C then You can show the income under Non-GST column...
In case You want to file GSTR 9C then You can show the income under Non-GST column...
harish kumar
(183 Points)
Replied 20 March 2020
What if iam an actor I have participated in a game show for some consideration, then
I will receive both remuneration, if I won I will prize money..
IAM paying gst on remuneration..
in this case whether prize money is taxable???
I will receive both remuneration, if I won I will prize money..
IAM paying gst on remuneration..
in this case whether prize money is taxable???
Recent Topics
- CLOSURE of LLP VIA FORM 24
- RCM on repair
- Understand Operating Profit/Income - How to Calcul
- Error in E-verification for Form 35(Appeal)
- ITC on plant and equipment
- Https://www.facebook.com/luxeleurantiagingserum/
- TDS for Senior Citizen
- Want to pay tax on forward charge and pay tax
- How Often Should You Service Your Air Conditioner
- TRANSFER PROPERTIES
Related Threads
CAclubindia
