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of <h1>GST Exemption for RWAs: No GST on Monthly Charges Under Rs. 7500; Rules Clarified for Registration and Turnover.</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. If an RWA's annual turnover is Rs. 20 lakh or less, it is not required to register for GST, even if charges exceed Rs. 7500. RWAs can claim input tax credit on GST paid for goods and services used. The exemption applies per residential apartment owned. If charges exceed Rs. 7500, GST is payable on the entire amount.
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