GST on Trusts and NGO: An excellent publication by ICAI
GST on Trusts and NGO: An excellent publication by ICAI
FAQs for NGOs on GST
The Non- Profit Organizations (NPOs) could be in the form of Societies, Trust or Companies registered under Section 8 of Companies Act, 2013 and it could be large international charities or community based self-help groups. Thus NPOs comprises of varied types of organizations.
NPOs have become very important to professionals and stakeholders at large for achieving social causes. In this regard, it becomes vital to understand the provisions clearly with regard to taxation, accounting, auditing and regulation of foreign contribution.
This ICAI booklet covers issues related to GST for NPOs in terms of Applicability of GST to different types of organizations and also covers some fundamental issues. Further, this book also covers the practical queries raised by CA and answers thereon.
