Cooperative societies liable to pay GST if turnover exceeds Rs 20 lakh, says report

KOCHI: In an attempt to bring the cooperative societies run by political parties and other organisations under the GST net, a report by the Central GST, Central Excise and Customs deputy commissioner has revealed that any cooperative society with an aggregate turnover of more than Rs 20 lakh in a particular financial year shall be liable for registration under GST.  The report cited the provi…