Grants/donations received by NPO shall not be covered as supply as these are without consideration and also not in the course or furtherance of business and therefore grant/donations received are no supply under GST. However, if through the grant agreement, any benefit, directly or indirectly, goes to the donor then such grant may be subjected to GST.
- Post author:Priyansh Minocha
- Post published:February 22, 2020
- Post category:Gst (Goods And Service Tax)
- Post comments:0 Comments
Priyansh Minocha is C.E.O and Director at Amonest India Private Limited and Founder at Casolutionsglobal