MSME Certified Income Tax Live Batch to commence from 21st January 2022. Limited Seats. Register Now!!

taskopad

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

GST on co.op.housing society

This query is : Resolved 

23 March 2017 Is registration for co op housing society mandatory? What will happen if society awards security contact above 5 lacs and TDS is required to be deducted. GSTR7

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.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


Similar Resolved Queries


loading





expand_less