TaxTMI 
TaxTMI 
TaxTMI 
GST on Housing society
X X X X Extracts X X X X
X X X X Extracts X X X X
....ST on Housing society<br> Query (Issue) Started By: - Kaustubh Karandikar Dated:- 3-7-2020 Last Reply Date:- 10-7-2020 Goods and Services Tax - GST<br>Got 3 Replies<br>GST<br>XYZ (Cooperative Housing society) is of about 10 buildings and each building is a separately Registered Society. All these buildings are managed by a federation. Federation consists of members from these 10 society only. Fede....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ration bills these society a consolidated bill for common maintenance. They charge GST for this. Whereas individual member society does not charge GST and therefore this GST is total loss. To avoid GST loss, 1) can the federation bill individual members and since the individual members bill will be less than 7000/- no GST. 2) Individual society will issue bills to the members and since the individ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ual members bill will be less than 7000/- no GST. Reply By Rajagopalan Ranganathan: The Reply: Sir, If the federation charges ₹ 7000/- or more from the member societies gst is liable to be paid by the federation and the federation has to get itself registered under CGST Act. The societies may charge the individual members and that charge may be less than ₹ 7000/- and hence there wi....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ll be no gst. Another thing that will fall for consideration is the rules that governs the functions of the federation and the societies. In my opinion federation cannot issue invoices to individual members since they are not members of the federation. Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: I endorse the views of Renganathan sir Reply By Bhavika Chothani: The Reply: Both the options ca....
X X X X Extracts X X X X
X X X X Extracts X X X X
....n be considered to avoid loss of GST. But the only thing which need to be taken into consideration is if the value of individual members bill crosses 7000/- then the federation has to get itself registered to charge GST<br> Discussion Forum - Knowledge Sharing ....