News
Charitable trusts holding marathons to face GST
- Date:
- March 16, 2019
- Source:
- Times Of India
In a setback to several charitable institutions, the Tamil Nadu Authority of Advance Ruling (AAR) has held that conducting marathons by a charitable trust registered under the Income Tax Act does not exempt them from GST liability as only activities covered under definition of "charitable activities" under a 2017 notification are exempt. In response to a reference by Dream Runner…