Gst reg foe co-operative housing society

This query is : Resolved

Krishna Prasad (Querist)
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05 February 2019 Dear Experts,
Whether Cooperative Housing Society is liable for registration under GST in the following 2 conditions:
a) Aggregate turnover of a Cooperative Housing Society in a financial year exceeds twenty lakh rupees and
Subscription is not more than Rs 7500 per member per month and
No receipts (Taxable) Like Rental for Advt Hoarding.
b) Aggregate turnover of a Cooperative Housing Society in a financial year exceeds twenty lakh rupees and
Subscription is not more than Rs 7500 per member per month and
Has receipts (Taxable) Like Rental for Advt Hoarding.

Thanks in Advance...

CA Anita Bhadra

CA Anita Bhadra (Expert)
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05 February 2019 No
Co operative Society is liable for registration if Aggregate turnover exceeds Rs 20 Lakhs AND Maintenance is more than Rs 7500/-

Both the clauses should be there for Co Op Society for registration

Message likes : 2 times

Krishna Prasad

Krishna Prasad (Querist)
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06 February 2019 Thank you Madam,
If Aggregate turnover is Rs.80 Lakhs and Maintenance is less than 7500/- p.m per member but society is charging for other taxable services like Share transfer fee, Use of Common Space for Member or Outsider, Non Occupancy Charges etc and the receipts from these services is Rs.10 lakhs.

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