https://www.taxtmi.com/caselaws?id=387906 Maintenance contributions collected by a homeowners' association from members are taxable under GST because the association is treated as a distinct registered person supplying maintenance services for consideration, and the activity falls within supply and business under the statutory scheme. The exemption for non-profit services to members applies only where monthly charges do not exceed Rs. 7,500 per member; once the threshold is crossed, the entire amount becomes taxable. Where the association makes partly taxable and partly exempt supplies, input tax credit must be restricted under section 17(2) and Rule 42. Corpus fund receipts are not taxable on collection because a deposit is not consideration until appropriated towards a supply. en-us Tue, 17 Sep 2019 00:00:00 +0530 Thu, 13 Mar 2025 12:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387906 Maintenance contributions collected by a homeowners' association from members are taxable under GST because the association is treated as a distinct registered person supplying maintenance services for consideration, and the activity falls within supply and business under the statutory scheme. The exemption for non-profit services to members applies only where monthly charges do not exceed Rs. 7,500 per member; once the threshold is crossed, the entire amount becomes taxable. Where the association makes partly taxable and partly exempt supplies, input tax credit must be restricted under section 17(2) and Rule 42. Corpus fund receipts are not taxable on collection because a deposit is not consideration until appropriated towards a supply. Case-Laws GST Tue, 17 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387906