Whether GST will be applicable on educational trust?
Applicability of GST
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GST applicability to educational trusts remains uncertain; 12AA registration may support exemption pending final law.
Applicability of GST to educational trusts depends on exemption eligibility tied to income-tax registration as a charitable entity; revisions in model GST drafts have altered tax treatment, and final Act and Rules are required before any definitive conclusion about exemption can be reached. (AI Summary)
Applicability of GST to educational trusts depends on exemption eligibility tied to income-tax registration as a charitable entity; revisions in model GST drafts have altered tax treatment, and final Act and Rules are required before any definitive conclusion about exemption can be reached. (AI Summary)
TaxTMI