TaxTMI 
TaxTMI 
TaxTMI 
Issues related to GST on monthly subscription / contribution charged by a Residential Welfare Association from it's members.
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.... all CT & GST Territorial Ranges Heads of all CT & GST Enforcement Ranges & Units Heads of all CT & GST Territorial Circles & AU5 CIRCULAR Dated 01/08 2019 Subject: Issues related to GST on monthly subscription/contribution charged by a Residential Welfare Association from its members-reg- Madam/Sir, A number of issues have been raised regarding the GST payable on the amount charged by ....
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....society or a residential complex are exempt from GST, Prior to 25th January 2018, the exemption was available if the charges or share of contribution did not exceed Rs 5000/- per month per member. The limit was increased to Rs. 7500/- per month per member with effect from 25th January 2018. [Refer clause (c) of Sl. No. 77 to the notification No. 12/2017- Central Tax (Rate) dated 28.06.201....
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....vices and goods is also Rs. 20 lakhs or more. Annual Monthly turnover of maintenance RWA charge Whether exempt? More than | More than Rs. No Rs. 20 lakhs 7500/- Rs. 7500/- or Yes less Rs. 20 lakhs or less More than Rs. Yes 7500/- is the RWA entitled to take input tax credit of GST paid on input and services used by it for making supplies to its members and use such ITC for d....
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....500/- per month the per member shall be applied separately for exemption to be available each residential apartment owned by him. maintenance on for Page 2 of 3 2. 5. shall be applied per residential apartment or per person? How should the RWA calculate GST payable where the maintenance charges exceed Rs. 7500/- per month per member? Is the GST payable only on the amount exceedin....