Eye Share: GST on Clubs - Doctrine of Mutuality

Taxation of sale and services by a club to its members has always been a susceptible matter for litigation. In the GST regime also, the stance is no different. Given the extensive reach of taxation, it is no wonder that tax agencies try to tax the internal transactions and in-house contributions of these groups.The author Rajat Mohan (Senior Partner, AMRG & Associates), elucidates that one principle which is of paramount importance in case of club...