Mutuality principle: Bowring Institute gets AAR reprieve on GST

But says waiver willend once Finance Act amendment is notified The 153-year-old Bengaluru-based club, Bowring Institute, has got a respite from paying Goods & Services Tax on fees and infrastructure development fund collected from its members, with the Authority for Advance Rulings giving a favourable order.  However, this will be subject to amendments as and when notified in GST law prop…