Applicability of GST

[monika gupta]

Whether GST will be applicable on educational trust?

AI Summary

GST Applicability on Educational Trusts Unclear; Section 12AA Registration May Offer Exemption Pending Final Law Clarity. A forum discussion addressed whether Goods and Services Tax (GST) applies to educational trusts. One participant noted that if the trust is registered under Section 12 AA of the Income Tax Act, it might be exempt from GST, but changes could occur. Another participant mentioned that the tax position remains unclear until the final GST law is enacted. Others highlighted significant changes in the revised draft GST law and suggested waiting for the final version to provide a definitive answer. Overall, the consensus was to await the final legislation for clarity.