Home |KSFE | Who should bear the GST on Prize money of a KSFE Chitty or Kuri in Kerala- the Chitty conductor or subscriber? What's the rate of GST applicable?

Who should bear the GST on Prize money of a KSFE Chitty or Kuri in Kerala- the Chitty conductor or subscriber? What's the rate of GST applicable?

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KSFE, Government of Kerala verified
Answered on January 07,2022

Receiver of the service is always liable to pay GST and not the supplier. Hence it is the subscriber who is liable to pay GST on prize money. The rate of GST applicable for chitty related services is 12%

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Complete Guide on KSFE Pravasi Chit

KSFE Pravasi Chitty is a unique financial savings scheme introduced for the welfare of Malayalees living outside Kerala. It also gives NRK's, an opportunity to partake in the overall infras..
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