https://www.taxtmi.com/caselaws?id=415368 Outcome: The court held that GST is payable on contributions received from members, and if the monthly contributions exceed Rs. 7,500, GST is leviable on the entire amount. Additionally, GST is applicable on amounts collected for specific funds like the Sinking Fund, Building Repair Fund, and Election and Education Fund. Exempt supplies should be excluded when computing the Rs. 7,500 threshold, and contributions for water supply are taxable. Input Tax Credit on heavy repairs and maintenance expenses is not available to the extent of capitalization. en-us Wed, 01 Dec 2021 00:00:00 +0530 Sat, 04 Dec 2021 08:42:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415368 Outcome: The court held that GST is payable on contributions received from members, and if the monthly contributions exceed Rs. 7,500, GST is leviable on the entire amount. Additionally, GST is applicable on amounts collected for specific funds like the Sinking Fund, Building Repair Fund, and Election and Education Fund. Exempt supplies should be excluded when computing the Rs. 7,500 threshold, and contributions for water supply are taxable. Input Tax Credit on heavy repairs and maintenance expenses is not available to the extent of capitalization. Case-Laws GST Wed, 01 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415368