03 April 2017
Services provided by association of persons to member persons is treated as supply and hence Co-operative societies are covered under GST laws. There is however threshold limit of 20 lakhs. If value of services provided to its members does not exceed 20 lakhs in a financial year, no GST is required to be paid by the society. Composition scheme is not available to housing co-operative societies as composition scheme is not available to service providers. You can examine the individual case in this framework and decide if the particular housing society is required to be registered in GST.