GST on society registered u/s 12AA and working on advancement of Handicrafts

[Archna Gupta]

Dear Sir,

Please guide me on GST applicability and provisions on a society registered u/s 12AA of Income Tax Act and is working on the advancement of Handicrafts.

AI Summary

GST Applies to Handicrafts Societies Under Section 12AA; Goods Taxable, Limited Exemptions for Casual Taxpayers. A query was raised about the applicability of GST on a society registered under Section 12AA of the Income Tax Act, focusing on handicrafts advancement. It was clarified that societies and trusts are considered persons under the GST Act and must register if their turnover exceeds certain thresholds. While services provided by such entities are GST-exempt, the supply of goods is taxable. Exemptions for handicrafts are limited to casual taxpayers, as defined under Section 2(20). Notification No. 32/2017-CT, amended by Notification No. 38/2017-CT, was referenced for further details on exemptions.