Ours is an Association of flat owners. We collect maintenance charges from members. We pay various bills for flat maintenance of premises and these bills are with GST. We do purchase various items for use for maintenance and here also we incur GST.
Is there any provision to claim refund of the GST paid by us? If so, how?
Flat Owners Can Claim GST Input Tax Credit on Maintenance, Not Refund; Section 54(3) Not Applicable An association of flat owners inquired about claiming a refund of GST paid on maintenance-related expenses. An expert clarified that what they referred to as a refund is actually Input Tax Credit (ITC), which can be claimed on repair and maintenance expenses, including movable property like water motors and furniture. ITC is not affected by certain restrictions under the CGST Act, but proportionate credit must be reversed for any exempted services. The expert further explained that refunds under Section 54(3) of the CGST Act are only available for exports or inverted duty structures, which do not apply to the association's situation. (AI Summary)
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