GST on Housing society

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..... 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. Federation 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 .....

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..... 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 individual 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 .....

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..... 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 will 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 can .....

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..... not 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 can 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/- t .....

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..... hen the federation has to get itself registered to charge GST - GST on Housing society - Query Started By: - Kaustubh Karandikar Dated:- 3-7-2020 Goods and Services Tax - GST - Got 3 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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