GST on Sinking Fund Collected by RWA Society

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..... GST on Sinking Fund Collected by RWA Society
Query (Issue) Started By: - deepak gulati Dated:- 8-10-2020 Last Reply Date:- 8-10-2020 Goods and Services Tax - GST
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GST
Sir, In .....

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..... case of a residential housing society, they are collecting Sinking Fund & Major Repair Maintenance Fund (MRF) on quarterly basis from its members. Now the question is whether these Sinking Fund & MR .....

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..... F Fund will be included while calculating ₹ 7,500/- exemption limit for charging GST on monthly contribution from members for common use. Thanks & Regards Reply By KASTURI SETHI: The Reply: D .....

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..... ear Querist, Your query is replied in the following decisions of AAR and upheld by AAAR. go through both, especially highlighted portion of decision of AAR, Karnataka Affirmed in 2020 (34) GSTL 360 .....

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..... (App. A.A.R. - GST - Karnataka) = 2020 (2) TMI 435 - APPELLATE AUTHORITY FOR ADVANCE RULING, KARNATAKA 2020 (32) G.S.T.L. 462 (A.A.R. - GST - Kar.) = 2019 (11) TMI 155 - AUTHORITY FOR ADVANCE RULING, .....

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..... KARNATAKA IN RE : VAISHNAVI SPLENDOUR HOME OWNERS WELFARE ASSOCIATION
Discussion Forum - Knowledge Sharing .....

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