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GST - Highlights / Catch Notes

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Exemption from GST - collections from member of Resident Welfare ...


RWAs Exempt from GST on Member Fees Below Rs. 7500, Regardless of Annual Turnover Exceeding Rs. 20 Lakhs.

October 12, 2023

Case Laws     GST     AAR

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

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