Tag Archives: taxed
TAXATION OF RESIDENT WELFARE ASSOCIATIONS
Scope prior to 1.07.2012 Service tax was levied on club or association w.e.f. 16.06.2005. The definition in section 65(105)(25aa) read as follows: (25aa) “club or association” means any person or body of persons providing services, facilities or advantages, … Continue reading
Posted in Budget, Goods and Services Tax, GST, GST Update, Taxation
Tagged (Rate), 12/2017, 5000, Association, cannot be taxed, CBEC, circular, club or association, CT, exemption, exemption notification, exemption up to 5000, GOI, Government of India, mutuality, no tax, not taxed, notification, Notification No.12/2017-CT (Rate), principle, Principle of Mutuality, Resident, RWA. RWAs, Taxation, taxed, up to, up to 5000, upto, Welfare
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