Gst on group housing society

This query is : Resolved

Nitin Kumar Sharma (Querist)
Follow

24 June 2017 I LIVE IN GROUP HOUSING SOCIETY. AS MY SOCIETY CHARGE ME FOR MONTHLY MAINTENANCE RS. 1200/- ( INCLUSIVE OF WATER BILL, STREET ELECTRICITY BILL, SECURITY BILL, PARK & ROAD MAINTENANCE. ETC.). AND ITS TOTAL RECEIPTS IS MORE THEN 20 LAKH IN AN YEAR. IS MY SOCIETY COMES UNDER GST ACT. (UNDER 18% SLAB). IF YES THEN WHAT IS THE SOLUTION FOR THAT, IF MEMBERS ARE NOT WILLING TO PAY TAX.

Amol S Joglekar

Amol S Joglekar (Expert)
Follow

24 June 2017 GST is not applicable in your case since the monthly maintenance recovery is less than Rs5000/-

Nitin Kumar Sharma

Nitin Kumar Sharma (Querist)
Follow

24 June 2017 BUT TOTAL YEARLY RECEIPTS MORE THEN 20 LAKH ( 320 HOUSE @ 1200/P.M. FOR 12 MONTHS)

Amol S Joglekar

Amol S Joglekar (Expert)
Follow

24 June 2017 do you know the difference between "AND" conditions versus "OR" conditions?
These are "AND" conditions for GST for Society etc.
Since you satisfy only one condition......GST is NOT applicable to your society

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

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

nitin

sandhya.v

N.Chandrasekaran

MAHESHA RAMANNA

Akhilesh Chandra

Subscribe Now

Gst on group housing society

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANCY

GST CONSULTANT

CA Final

Article Assistant

Manager- Finance and Compliance

Accountant