An AOP (Apartment owners association) collects maintenance charges from its members(owners) with out service tax
due to concept of mutuality (service receiver and provider are same). what is the impact under GST?
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GST status on AOP
Replies (2)
If the annual maintenance charge is more than Rs.60000 or more than Rs,5000 per month per member it is necessary to register under GST and collect GST 18% in those cases where the maintenance charge is more than Rs.60000 or Rs.5000 . Input Tax Credit can be set off against this while making payment of GST collected through maintenance charges , from the GST paid under Registered Service Providers invoices.of the AOA.
may I know for fy 2019-20 annual maintenance and per month
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