TS Waqf Board receives GST notice

‘Waqf institutions are meant for charitable purpose; we will seek exemption’ The Telangana State Waqf Board has received a letter from the office of the Principal Commissioner of GST, asking it to pay 12.5% tax on rentals it has received from properties in its custody. With no full-time chief executive officer or a chairman at its helm, the waqf board is now exploring options on dealing with the s…