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THE BANKING CODES AND STANDARDS BOARD OF INDIA
(Authority for Advance Ruling, Maharashtra)

Hon'ble Judges:

PANKAJ KUMAR
B.V.BORHADE
Pet. Counsel
Kirti S.bhoite
Phanraj Jain
Res. Counsel
Na

Petitioner / Applicant

THE BANKING CODES AND STANDARDS BOARD OF INDIA

Respondent NA
Court

AAR (Authority for Advance Ruling)

State

Maharashtra

Date Aug 1, 2018
Order No.

GST-ARA-24/2017-18/B-82

Citation

2018(8) TAXREPLY 420

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ORDER

PROCEEDINGS (under section 98 of the Central Goods and Services Tax Act, 2017 and the Maharashtra Goods and Services Tax Act, 2017) The present application has been filed under section 97 of the Central Goods and Services Tax Act, 2017 and the Maharashtra Goods and Services Tax Act, 2017 [hereinafter referred to as “the CGST Act and MGST Act”] by The Banking Codes and Standards Board of India, the applicant, seeking an advance ruling in respect of the following question : Whether GST is liable to be paid on the contribution made by Members towards “Annual Membership Fees and registration fees” to the Corpus Fund of BCSBI and recurring expenditure being incurred. At the outset, we would like to make it clear that the provisions of both the CGST Act and the MGST Act are the same except for certain provisions. Therefore, unless a mention is specifically made to such dissimilar provisions, a reference to the CGST Act would also mean a referenc....

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