TMI BlogRWAs Exempt from GST on Member Fees Below Rs. 7500, Regardless of Annual Turnover Exceeding Rs. 20 Lakhs.Exemption from GST - collections from member of Resident Welfare Association / housing societies - even if the annual turnover of the RWA is greater than Rs. 20 lakhs but the monthly maintenance charged per person is less than Rs. 7500/-, then such RWA need not pay tax on the amounts so collected - Therefore they are taxable if the total amount collected by the RWA equal or exceeds Rs. 7500/-. - AAR ..... X X X X Extracts X X X X X X X X Extracts X X X X
|