TaxTMI 
TaxTMI 
Issues related to GST on monthly subscription/contribution charged by a Residential Welfare Association from its members- reg.
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....R (No. 17/2019-20 - GST) Subject: Issues related to GST on monthly subscription/contribution charged by a Residential Welfare Association from its members- reg. A number of issues have been raised regarding the GST payable on the amount charged by a Residential Welfare Association for providing services and goods for the common use of its members in a housing society or a residential comp....
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....ot exceed Rs 5000/- per months per member. The limit was increased to Rs. 7500/- per month per member with effect from 25th January No. 77 to the 38/1/2017- dated30/06/2017, published in the Extraordinary Official Gazette no. 3, series I no. 13 dated 30/06/2017 as amended vide notification No. 38/1/2017-Fin(R&C)(2/2018-Rate) dated 24/01/2018, 2018. [Refer clause (c) of Sl. notification No. Fin(R&C....
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....rvices and goods is also Rs. lakhs or more. Annual turnover of RWA Monthly maintenance charge Whether exempt? More than Rs. 20 lakhs More than Rs. 7500/- No Rs. 7500/- or less Yes More than Rs. 7500/- Yes Rs. 20 lakhs or less Rs. 7500/- or less Yes 3 Is the RWA entitled to take input tax credit of GST paid on input and services used by it for ....
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....iety or a residential complex shall normally be a member of the RWA for each residential apartment owned by him separately. The ceiling of Rs. 7500/- per month per member shall be applied separately for each residential apartment owned by him. For example, if a person owns two residential apartments in a residential complex and pays Rs. 15000/- per month as maintenance charges towards maintenance ....