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Question ID : 40574

GST ON TRUST

Contribution Received by Trust from Its members which will be spend for the benefit of members. whether Trust is liable to pay GST on such contribution?

Posted by SIDHARATH SUSHIL KUMAR BANSAL on Feb 21, 2020

Filed Under GST

Answer ID : 80416

GST attracts since there is ' supply of service 'and receipt of 'consideration' against that.

Posted by B.CHACKRAPANI WARRIER on Feb 21, 2020
Answer ID : 80422

The application of mutuality principle cannot be ruled out....more facts required

Posted by SIVADAS CHETTOOR on Feb 23, 2020