https://www.taxtmi.com/caselaws?id=383585 The Authority for Advance Ruling held that contributions paid by National Institute of Bank Management (NIBM) members, including RBI and public sector banks, towards recurring and non-recurring expenses are subject to GST. The ruling determined that these contributions constitute consideration for services provided by NIBM, such as research, training, and consultancy, making them taxable under GST law. The decision aligned with previous rulings on similar cases, emphasizing the direct link between the contributions and services rendered by NIBM to its member banks. en-us Tue, 25 Jun 2019 00:00:00 +0530 Mon, 10 Mar 2025 13:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383585 The Authority for Advance Ruling held that contributions paid by National Institute of Bank Management (NIBM) members, including RBI and public sector banks, towards recurring and non-recurring expenses are subject to GST. The ruling determined that these contributions constitute consideration for services provided by NIBM, such as research, training, and consultancy, making them taxable under GST law. The decision aligned with previous rulings on similar cases, emphasizing the direct link between the contributions and services rendered by NIBM to its member banks. Case-Laws GST Tue, 25 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383585