There are certain criteria for a charitable trust or an NGO to be exempted from the Goods and Services Tax. The charitable trust or NGO must be registered under Section 12AA of the Income Tax Act, and the services provided by the charitable trust or the NGO must be for a charitable cause.
Gst
Sir , madam i wish to lease my place for a hospital , managed by a regd charitable trust also i will be given some fees for tendering speciality advice by the same trust is the trust liable to pay gst regards dr umesh
Asked 4 years ago in Taxation
10 Answers
GST on supply of goods by Charitable Trusts : All goods, other than those specifically exempt, supplied by any charitable or religious trust against consideration in any form including donation are liable to GST.
1. There are two different kind of service involved here as on rent GST is applicable if total rent received by you is more then 20 lakh in a year.
2. Doctor are exempted from the GST service.
The service of Rental or leasing services involving own or leased non-residential property is classified under the heading (SAC) 997212 and is taxable under GST.
Yes GST applicable is payable.
No if the said work is object if the trust then there is no gst as trust works for no profits
Dear Sir,
The trust is not liable to pay GST on import of such services under reverse charge mechanism. However, this exemption shall not apply to online information and database access or retrieval (OIDAR) services received by charitable trusts. ... However, compliance is not on the charitable trust under reverse charge.
GST On Hospital Managed By Charitable Trust is exempt.
1. GST is to be added to recover, on Rental Income and Professional Income, provided the aggregate amount crosses 20 lakhs.
Yes if the rent per year exceed rs 20 lakhs then trust is liable to pay GST to you.
