https://www.taxtmi.com/caselaws?id=410688 The Authority for Advance Ruling (AAR) determined that GST is applicable on the Repair and Maintenance Fund and Sinking Fund of a housing co-operative society. The AAR clarified that if the total monthly maintenance charges per member exceed Rs. 7500, GST is applicable on the entire amount collected by the society. The exemption limit of Rs. 7500 per member per month is only applicable if the total monthly maintenance charges do not exceed Rs. 7500; if charges surpass this limit, GST is levied on the entire amount collected. en-us Wed, 04 Aug 2021 00:00:00 +0530 Fri, 06 Aug 2021 22:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410688 The Authority for Advance Ruling (AAR) determined that GST is applicable on the Repair and Maintenance Fund and Sinking Fund of a housing co-operative society. The AAR clarified that if the total monthly maintenance charges per member exceed Rs. 7500, GST is applicable on the entire amount collected by the society. The exemption limit of Rs. 7500 per member per month is only applicable if the total monthly maintenance charges do not exceed Rs. 7500; if charges surpass this limit, GST is levied on the entire amount collected. Case-Laws GST Wed, 04 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410688