A buildings liability to GST where maintenance services partly entrusted to a provider and partly incurred in-house

A buildings liability to GST where maintenance services partly entrusted to a provider and partly incurred in-house https://www.taxtmi.com/forum/issue?id=120571 Interest earned on fixed deposits held by the services manager is to be excluded when determining GST liability because that interest is exempt income and not consideration for services; only actual member contributions for maintenance, repair, insurance and related services count toward the per member exemption threshold, and contributions exceeding the threshold are taxable with potential input tax credit available. Eligibility for the exemption threshold is confined to resident welfare associations. en-us Wed, 29 Oct 2025 16:33:22 +0530 Tue, 04 Nov 2025 08:49:38 +0530 TaxTMI RSS Generator A buildings liability to GST where maintenance services partly entrusted to a provider and partly incurred in-house https://www.taxtmi.com/forum/issue?id=120571 Interest earned on fixed deposits held by the services manager is to be excluded when determining GST liability because that interest is exempt income and not consideration for services; only actual member contributions for maintenance, repair, insurance and related services count toward the per member exemption threshold, and contributions exceeding the threshold are taxable with potential input tax credit available. Eligibility for the exemption threshold is confined to resident welfare associations. Discussion-Forum GST Wed, 29 Oct 2025 16:33:22 +0530 https://www.taxtmi.com/forum/issue?id=120571