How to calculate gat on co-operative society. which transaction is liable to
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Gst on credit co- operative society
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GST Applicable on fund collected:
Sinking fund, repairs & maintenance fund, car parking charges, Non-occupancy charges or simple interest for late payment, attract GST, as these charges are collected by the RWA
GST not Applicable on Fund collected:
Water, electricity, property tax - actual as per MC
Sinking fund, repairs & maintenance fund, car parking charges, Non-occupancy charges or simple interest for late payment, attract GST, as these charges are collected by the RWA
GST not Applicable on Fund collected:
Water, electricity, property tax - actual as per MC
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