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GST - Highlights / Catch Notes

Home Highlights September 2020 Year 2020 This

Levy of GST - activity of maintaining the facilities at the ...

Case Laws     GST

September 19, 2020

Levy of GST - activity of maintaining the facilities at the layout from the funds collected from the members of the Society - Taxable as supply of service - The amount collected from the member who is selling the site and ceases to be a member, as endowment fund is liable to tax under GST. - if the amount per member in that tax period exceeds Rupees Seven thousand five hundred, then entire amount is taxable. - AAR

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