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of <h1>GST Exemption Clarified for Residential Welfare Associations: Charges Under Rs. 7500 Exempt; Input Tax Credit Available.</h1> The circular addresses GST issues related to monthly subscriptions or contributions charged by Residential Welfare Associations (RWAs) from members. It clarifies that services provided by RWAs are exempt from GST if charges do not exceed Rs. 7500 per month per member. Prior to January 25, 2018, this limit was Rs. 5000. RWAs with an annual turnover of Rs. 20 lakh or less are not required to register for GST or pay it on charges exceeding Rs. 7500. RWAs can claim input tax credit on GST paid for goods and services used. GST is payable on the entire amount if charges exceed Rs. 7500 per month per member.
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