GST

Exemption to services rendered by charitable trusts is allowed only if the following two requirements are met.

A supply is considered to be an intra-state supply when the location of supplier and place of supply of goods or services is in the same state or Union Territory.

Services provided by the Reserve Bank of India is exempt from GST. However, services provided to RBI by other banks will be taxable as they are not covered under any exemption

Any person who transports goods on behalf of any person and issues a consignment note is called a Goods Transport Agency.

In order to make air travel affordable, the central government has started a new scheme wherein it will establish airports in various cities under the regional connectivity airport scheme. The ticket rates are capped at Rs. 2,500 per hour of flight.

Registration is not required for an agriculturist who is engaged in the supply of produce out of cultivation of land.

Legal service means any service provided in relation to advice, consultancy, or assistance in any branch of law, in any manner, and includes representational services before any court, tribunal, or authority.

Yes, a person having multiple places of business across India can obtain GST registrations for each state separately.

The Composition scheme under GST is an alternative method of levy of tax especially for small tax payers whose aggregate turnover does not exceed Rs.1.5 crore in the previous financial year.

If the value of the gift exceeds Rs. 50,000, the transaction shall be considered as supply as per para 2 of Schedule 1 of CGST Act. Therefore, GST will be applicable.