Worried on Goods & Service Tax on Non-Profit Making Societies with Mutuality of Interest;

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Dear Friends;

Sub: Applicability of GST on NGO's / NPO's & Co-Op Societies;

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I know we all will welcome GST, which will be a huge game changer to bring in Government's Revenue with transparency with KYC / KY-Suppliers & make all of rich in the long run but what is crucial at this hour  I Believe is that, the Non-Profit Making Organization like the Co-Operative Societies, Charitable Institute /NGO's should be Exempted to show our Fairness & Thoroughness on the Taxation as they do not provide any services and or the cost of administration of the scheme, over them will be to high versus the benefit / revenues of at max 2.5 to 4% , it can bring along;

Hence my Most humble submission respectfully to all concerned is that; Please review and exempt the above class of persons / organizations from the ambit of the GST; Needless to mention that, the man hours, data logging and energy coupled with other resources used in such cases if properly used as planned for revenue generations, towards some more on the Sectors well focused can result into huge creation of Revenue for the Government + Blessing with support of those relieved therein would be immense;

Best Regards & with Malice towards none;

 

UdayPrabhu@Activist.com;

Mobile: 093 222 666 17



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