Considering widespread likely impact of GST, legal provisions, rules and available circulars were studied to understand its applicability for NGOs. While one cannot say that GST is applicable to GST per se, simply because there is no blanket exemption to GST to any organization. However one should look at this question, from the point of services NGOs undertake and if these are likely to be taxable.
GST constitutes of three components, CGST, SGST (incl. UTGST) and IGST. As the acronyms suggest Central GST represents Central Goods & Services Tax Act 2017, SGST & UTGST represent individual states’ & Union Territories’ GST Acts. IGST or Integrated Goods & Services Tax Act 2017 represents GST on Interstate sales. The legislations of central & states have been drafted on Model GST laws and are generally…..(Click here for complete article)
Socio Research & Reform Foundation (NGO)
512 A, Deepshikha, 8 Rajendra Place,
New Delhi – 110008