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of <h1>GST Exemption: RWAs' Maintenance Charges Up to Rs. 7500 Per Month Tax-Free; Rules on Registration and Input Credit Explained.</h1> The circular addresses issues related to the Goods and Services Tax (GST) on monthly subscriptions or contributions charged by Residential Welfare Associations (RWAs) from their members. It clarifies that maintenance charges up to Rs. 7500 per month per member are exempt from GST. RWAs with an annual turnover of Rs. 20 lakh or less are not required to register for GST, even if charges exceed Rs. 7500. RWAs can claim input tax credit on GST paid for inputs and services. The Rs. 7500 exemption applies per residential apartment owned. If charges exceed Rs. 7500, GST is payable on the entire amount.
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