https://www.taxtmi.com/caselaws?id=751228 The AAAR for West Bengal ruled that RWA contributions to corpus/sinking funds constitute advance payments for future services, not deposits, making them taxable upon receipt under GST provisions. The Authority determined that such funds are created for future contingencies like structural repairs and maintenance, with members contributing based on RWA's commitment to provide specific services. Regarding electricity charges, the AAAR held that common area electricity charges collected by RWAs are bundled with other maintenance services, forming a composite supply where the principal supply is common area maintenance services, thus attracting GST at the applicable maintenance rate rather than being treated separately. en-us Tue, 02 Apr 2024 00:00:00 +0530 Thu, 05 Sep 2024 14:12:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751228 The AAAR for West Bengal ruled that RWA contributions to corpus/sinking funds constitute advance payments for future services, not deposits, making them taxable upon receipt under GST provisions. The Authority determined that such funds are created for future contingencies like structural repairs and maintenance, with members contributing based on RWA's commitment to provide specific services. Regarding electricity charges, the AAAR held that common area electricity charges collected by RWAs are bundled with other maintenance services, forming a composite supply where the principal supply is common area maintenance services, thus attracting GST at the applicable maintenance rate rather than being treated separately. Case-Laws GST Tue, 02 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751228