https://www.taxtmi.com/circulars?id=71400 GST exemption applies to monthly contributions collected by a Residential Welfare Association for common-use goods and services where the per-member charge does not exceed Rs. 7,500. An RWA with annual aggregate turnover not exceeding Rs. 20 lakh need not register or pay GST even if charges exceed that ceiling. Where both the monthly ceiling and turnover threshold are exceeded, GST applies to the entire maintenance charge, not merely the excess. Input tax credit is available on qualifying capital goods, goods and input services. en-us Wed, 31 Jul 2019 00:00:00 +0530 Mon, 21 Sep 2026 19:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=71400 GST exemption applies to monthly contributions collected by a Residential Welfare Association for common-use goods and services where the per-member charge does not exceed Rs. 7,500. An RWA with annual aggregate turnover not exceeding Rs. 20 lakh need not register or pay GST even if charges exceed that ceiling. Where both the monthly ceiling and turnover threshold are exceeded, GST applies to the entire maintenance charge, not merely the excess. Input tax credit is available on qualifying capital goods, goods and input services. Circulars GST - States Wed, 31 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=71400