Gst exemption for co-op housing society

This query is : Resolved

KISHORE SOMAN (Querist)
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03 September 2019 So there are 2 categories in our building depending on the configuration of the flats. 2.5 bhk (A) and 3 bhk.(B)
So the monthly amount collected from category A is ₹7900/- which includes water bill contribution of ₹265/- and common electricity contribution of ₹2200/-
Similarly the monthly amount collected from category B is ₹9000/- water contribution being ₹375/- and common electricity contribution of ₹2200/- in this case which of the category has to pay GST
Whether water and electricity will be exempted to arrive at the limit of ₹7500/-

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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04 September 2019 Yes, water and electricity will be exempted to arrive at the limit of ₹7500/-. No category has to pay GST after after water and electricity charges reduced.

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