AAR: IIT Madras Alumni Association liable for registration under GST, services rendered constitutes ‘supply’

Tamil Nadu AAR holds that transaction between alumni association and its members as defined in their Memorandum of Association (MOA) and Byelaws is covered under definition of supply of services under section 7 of the CGST Act; Perusing Sections 9, 7(1) and 2(17) of CGST Act, notes that if the transaction between an association and its members satisfied the ingredients to qualify as supply of goods or services for a consideration, same had to be taxed; Observes that the appli...