XYZ is a commercial Cooperative Society .one of the Consulates is members of this society and having their office in their building. Society is not charging GST as the consulates are exempted from GST. Do XYZ need to reduce ITC to the extent of the exempt income?
Frah Saeed Answered question August 17, 2020
In our view it is not exempt and GST should be charged. However they can avail refund of such tax charged.
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Frah Saeed Answered question August 17, 2020