9911796707
TMI Blog2022 (6) TMI 251X X X X Extracts X X X X X X X X Extracts X X X X ..... AND UNDER SECTION 98(4) OF THE TEALANGANA GOODS AND SERVICES TAX ACT, 2017.] ****** 1. M/s. Jayabheri orange county owners association Sy No 117,119,128/A,128/AA And 129, Nanakramguda, Serilingampally, Rangareddy, Telangana 500032 (36AABAJ1713B1ZD) has filed an application in FORM GST ARA-01 under Section 97(1) of TGST Act, 2017 read with Rule 104 of CGST/TGST Rules. 2. At the outset, it ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is therefore, admitted 4. Brief facts of the case: M/s. Jayabheri Orange County Owners Association is a Resident Welfare Association (RWA) collecting monthly maintenance charges, certain annual fee by name sinking fund and charges for electricity used in common area. They are desirous of clarification as to whether these collections are liable to tax under GST. Hence this application. 5. Questi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Personal Hearing: The Authorized representatives of the unit namely Ayyappa Kandula, CA attended the personal hearing held on 16-02-2022. The authorized representatives reiterated their averments in the application submitted and requested to dispose their application on merits at the earliest. 7. Discussion & Findings: The Serial No. 77 of Notification No. 12/2017 as amended vide Notification ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nance charged per person is Rs. 7500/- or less, then such RWA need not pay tax on the amounts so collected. Any amounts collected periodically along with the monthly maintenance charges are covered under Entry 77 of Notification No. 12/2017. Therefore they are taxable if the total amount collected by the RWA, by whatever name i.e., monthly maintenance or sinking fund etc., exceeds Rs.7500/-. Ther ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nual sinking fund exceeding Rs.7500 per member for that month or only on sinking fund which is over and above Rs.7500 per member? Yes. 3. Is GST is applicable on monthly collection of common area electricity charge paid by the members in addition to the Rs.7500 monthly maintenance charged on the basis of actual bill divided by carpet area of 9,01,913 sq. ft pro rata charged to respective member' ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
