DOSSIER of Clubs and Associations under GST

India has a complex tax system, and the introduction of GST (Goods and Services Tax) was a significant step towards simplifying it. GST is implemented to tax the sale and purchase of goods and services. It replaced multiple indirect taxes like VAT, Service Tax, and Excise Duty, with a single tax regime across the country.

Clubs and associations conduct various activities, and they also come under the GST purview. In this article, we will discuss the registration, compliance, and return filing requirements of clubs and associations under GST.

What is the definition of Clubs and Associations under GST?

As per the GST Act, “clubs and other associations” are defined as any person or body of persons who provide services to its members. This includes sports clubs, social clubs, cultural clubs, business associations, and professional associations. They are required to register and comply with the GST regulations if their turnover exceeds the prescribed limit.

Registration under GST for Clubs and Associations

Clubs and associations are required to register under GST if their aggregate turnover exceeds Rs. 20 lakhs in a financial year. The registration process is similar to that of other taxpayers.

The following documents are required for GST registration:

PAN Card of the Club/Association
Proof of address of the club/association
Aadhaar Card of the authorized signatory
Bank account details of the club/association

GST Compliance for Clubs and Associations

Clubs and associations are required to maintain proper books of accounts and records of all transactions. They are also required to issue tax invoices to their members for the services provided. The tax invoice should contain the following details:

Name, address, and GSTIN of the club/association
Serial number of the invoice
Date of issue of the invoice
Name, address, and GSTIN of the member
Description of the service provided
Taxable value and rate of GST
Amount of GST charged

Clubs and associations are required to file monthly or quarterly GST returns depending on their turnover. They are also required to file an annual return in Form GSTR-9.

Dossier of Clubs and Associations under GST

Here is a list of clubs and associations that come under the GST purview:

Sports Clubs – Golf clubs, tennis clubs, swimming clubs, and other sports clubs are required to register and comply with the GST regulations if their turnover exceeds Rs. 20 lakhs in a financial year.
Social Clubs – Social clubs like Rotary clubs, Lions clubs, and other social organizations are also required to register and comply with the GST regulations.
Cultural Clubs – Cultural clubs like dance clubs, music clubs, and other cultural organizations are required to register and comply with the GST regulations.
Business Associations – Business associations like Chamber of Commerce, Trade Associations, and other professional organizations are required to register and comply with the GST regulations.

Conclusion

Clubs and associations are required to comply with the GST regulations if their turnover exceeds the prescribed limit. They are required to register, maintain proper books of accounts, and file returns as per the GST regulations. It is essential to be aware of the compliance requirements to avoid any penalties or legal issues.