LIVE GST Certification Course by CA Arun Chhajer begins 27th April. Register Now!!

GST on co-operative banks

D. Chandra Sekhar (Advocate & Tax Consultant) (25 Points)

17 August 2017

pls anybody explain the impact of GST on Co-operative banks.
is it necessary to take GST registration?

Reply
Follow
Share

2 Replies

Sarath Rajendran (Nil) (2791 Points)
Replied 21 November 2018

Use this link https://www.puneicai.org/wp-content/uploads/GST-PPT-Co-operative-Banks.pdf

puthalath sunil (2 Points)
Replied 16 February 2024

When the aggregate turnover of a Co-operative Societies in a financial year exceeds twenty lakh rupees, such Cooperative Societies become liable for Registration under GST as per Sec 22.(1) of CGST Act. Housing Society is not eligible for Composition Scheme.