The Banking Codes And Standards Board Of India ., In re
Date: August 1, 2018
Subject Matter
GST applicable on the contribution made by Members towards "Annual Membership Fees and registration fees" to the Corpus Fund of BCSBI
Summary
The applicant sought to know whether GST is liable to be paid on the contribution made by Members towards “Annual Membership Fees and registration fees” to the Corpus Fund of BCSBI and recurring expenditure being incurred. The AAR ruled t…
The present application has been filed under section 97 of the Central Goods and Services Tax Act, 2017 and the Maharashtra Goods and Services Tax Act, 2017 [hereinafter referred to as “the CGST Act and MGST Act”] by The Banking Codes and Standards Board of India, the applicant, seeking an advance ruling in respect of the following question : Whether GST is liable to be paid on t…