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Mutuality principle: Bowring Institute gets AAR reprieve on GST


May 04, 2021
In its application, the club said that it was collecting GST on subscription fee and infrastructure development fund from members
In its application, the club said that it was collecting GST on subscription fee and infrastructure development fund from members×
But says waiver willend once Finance Act amendment is notified
The 153-year-old Bengaluru-based club, Bowring Institute, has got a respite from paying Goods & Services Tax on fees and infrastructure development fund collected from its members, with the Authority for Advance Rulings giving a favourable order.
However, this will be subject to amendments as and when notified in GST law proposed in Finance Act 2021. ....

State Of West Bengal , West Bengal , Goods Services Tax , States Union Territories , Supreme Court , Bowring Institute , Calcutta Club , Authority For Advance Rulings , Services Tax , Advance Ruling , Finance Act , Calcutta Club Limited , நிலை ஆஃப் மேற்கு பெங்கல் , மேற்கு பெங்கல் , பொருட்கள் சேவைகள் வரி , மாநிலங்களில் தொழிற்சங்கம் பிரதேசங்கள் , உச்ச நீதிமன்றம் , குனிந்து நிறுவனம் , கால்குட்டா சங்கம் , சேவைகள் வரி , நிதி நாடகம் , கால்குட்டா சங்கம் வரையறுக்கப்பட்டவை ,