GST applicable on conduct of Marathon event by a charitable trust [AAR]

Deepak Gupta | Mar 20, 2019 |

GST applicable on conduct of Marathon event by a charitable trust [AAR]

GST applicable on conduct of Marathon event by a charitable trust [AAR]

RULING by AUTHORITY FOR ADVANCE RULING TAMIL NADU in matter of M/s. Dream Runners Foundation Limited

1. The conduct of Marathon event by the Applicant for the participants is a not an exempt supply under CGST/TNGST Act

2. Only those activities of Applicant, who is a Trust is under Sec 12AA of the Income Tax Act 1961, which fall under the definition of “charitable activities” as per Clause 2(r) of Notification 12/2017 Central Tax(Rate) dated 28th June 2017 and Notification No.11(2)/CTR/532(d-15)/2017 vide G.O. (Ms) No. 73 dated 29.06.2017 are exempt.

3. As the Applicant is supplying taxable supply of services such as organizing marathon etc. and has aggregate turnover in a financial year exceeding twenty lakh rupees, the Applicant is required to be registered under CGST /TNGST Act.

4. The money collected from the participants for conduct of the Marathon in the event organized by the Applicant and therefore is not exempted from CGST/SGST.

StudyCafe Membership

Join StudyCafe Membership. For More details about Membership Click Join Membership Button
Join Membership

In case of any Doubt regarding Membership you can mail us at [email protected]

Join Studycafe's WhatsApp Group or Telegram Channel for Latest Updates on Government Job, Sarkari Naukri, Private Jobs, Income Tax, GST, Companies Act, Judgements and CA, CS, ICWA, and MUCH MORE!"




Author Bio
My Recent Articles
CBSE Class 12 History Paper Analysis 2024: CBSE Class 12 History Answer Key 2024 Testing Article CA Inter and Foundation Exams to be held thrice a year [ICAI Releases Official Press Release] CA Exams May 2024: 4.36 lakh students to appear for CA Foundation, Intermediate and Final TS SSC 2024 Hall Ticket Released: Telangana Class 10th admit card out, @ bse.telangana.gov.inView All Posts