AAR: Sale of medicines at lower rate by charitable trust a ‘taxable supply’, registration on crossing threshold

Gujarat AAR holds that the applicant (Charitable Trust) running a medical store where medicines are sold at lower rate is carrying out business activity as per CGST Act; Observes that, it is clear that any trade carried out whether for pecuniary benefit or not is a business as per section 2 (17) of CGST Act, 2017; States that Gujarat HC decision in Saurashtra Kidney Research Institute rendered under Gujarat Sales Tax Act  is inapplicable absent any exclusion cl...