GST Imposition on Business Ventures of the Bar Association in Chandigarh

Updated on February 1, 2020Subodh KumawatGST India, Latest & Trending GST News 2 Minutes Read

GST on Business Ventures of Bar Association

A couple of weeks has been given to the Punjab and Haryana High Court Bar Association by the UT excise and taxation department for the submission of details of the revenue that the bar generates from its business establishments including the shops and paid-parking being operated by it.

Parking-lot services and rental income attracts a GST of 18%. So, the revenue generated by the bar will be assessed along with the assessment of tax imposition on it.

Besides, it will be assured that the bar association has a GST Number Get to know the complete GST registration procedure online on the Indian government GST portal official website. We have explained by the actual screenshot of every step in case of receipts above ₹20 lakh. Moreover, the contractor levying the parking fee will have to take the prescribed GST from users and pay it to competent officials.

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Published by Subodh Kumawat

Subodh has done with numerous professional degrees ranging from Human Rights to Banking along with MBA in HR Marketing. He is also interested in the field of tax-related articles and blog as per the industry based norms. Having expert knowledge in diverse sectors, he assures facts and figures along with testimony, in his articles. Working in SAG Infotech, he is a trusted author among the readers globally.

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