Clubs, assns, societies to levy GST on member-fee retrospectively from 2017

Experts say this will over-rule judgements by SC, HC and AAR  Clubs and associations will have to levy Goods and Services Tax (GST) on fees collected from members retrospectively from July 1, 2017.  Experts say this is likely to run into litigation besides creating accounting logistical issues for these institutions. The Finance Ministry has notified January 1 as the date for implementat…