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Issue ID : 116699
- 0 -

GST- Maintenance charges for apartments

Date 07 Sep 2020
Replies4 Answers
Views 1245 Views

sir- maintenance charges collected is ₹ 3000/- per month totally 38 flats, but the apartment association is planning for renovation, so it collects ₹ 45,000/- per flat owner! so should they register for GST?

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- 0
Replied on Sep 8, 2020
1.

Renovation is taxable activity. See the definition of 'Construction' under CGST Act. Registration is required.

- 0
Replied on Sep 8, 2020
2.

I agree with the views of Sri Kasturi Sir.

Further, maintenance upto ₹ 7,500/- per month, per member is exempt from GST.

- 0
Replied on Sep 8, 2020
3.

For future you could also consider taking a one time corpus fund if possible from the owners, the income from which can be used to cater to the capital expenses. The receipts to this fund would not be taxable.

For this specific transaction you could also check if pure agent conditions would satisfy for GST to be not liable.

- 0
Replied on Sep 10, 2020
4.

In my view, threshold limit for registration applies to society as well.

Old Query - New Comments are closed.

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