GST is leviable on services provided by Club or Association to its members retrospectively w.e.f July 1, 2017.
The Hon’ble Finance Minister, in Union Budget 2021-22, proposed changes vide the Finance Bill, 2021, that amends the Central Goods and Services Tax Act, 2017 (“the CGST Act”) to levy GST on services provided by Club or Association to its members. Accordingly, amended Bill was passed in Rajya Sabha, the upper house, and it received presidential assent vide Finance Act, 2021.
Notification:
The CBIC vide Notification No. 39/2021–Central Tax dated December 21, 2021 notified the below mentioned amendments made vide Section 108 and 122 of the Finance Act, 2021 w.e.f. January 01, 2022 to be effective from July 01, 2017 retrospectively:
