https://www.taxtmi.com/circulars?id=70182 GST liability on monthly contributions charged by a Residential Welfare Association depends on the per-member monthly amount and the RWA's aggregate turnover. Services and goods supplied by an RWA for collective use are exempt up to Rs. 7,500 per member per month. If the RWA's annual aggregate turnover is below Rs. 20 lakh, registration and GST payment are not required even where the charge exceeds Rs. 7,500. RWAs may also claim Input Tax Credit on capital goods, goods and input services used for member supplies. en-us Mon, 23 Sep 2019 00:00:00 +0530 Thu, 04 Jun 2026 10:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=70182 GST liability on monthly contributions charged by a Residential Welfare Association depends on the per-member monthly amount and the RWA's aggregate turnover. Services and goods supplied by an RWA for collective use are exempt up to Rs. 7,500 per member per month. If the RWA's annual aggregate turnover is below Rs. 20 lakh, registration and GST payment are not required even where the charge exceeds Rs. 7,500. RWAs may also claim Input Tax Credit on capital goods, goods and input services used for member supplies. Circulars GST - States Mon, 23 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=70182