Whether Property Tax and Water charges recovered exempt supply?
This query is : Resolved
Bharat Sharma
(Querist)
01 December 2022
Whether Property Tax and Water charges recovered from society members of common area exempt supply? If yes, whether provisions of Rule 42 - Reversal of common credit applies to it ?
CA R SEETHARAMAN
(Expert)
01 December 2022
Yes, It's exempt supply No reversal of common credit applicable if no input GST paid on it.
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