GST on maintaince charge by builder

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32 Points Posted on 13 May 2023

 advance  maintaince collected by builder after oc from flat owner but before society conyence and formation whether it attract GST.

Whatever Maintaince collected by builder from that expenses were deducted and balance paid off to society after formation whether builder will have to pay GST on that maintaince collected amt which was just for maintaining society till the society is formed by flat owners.

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On 13 May 2023 at 16:26 Report
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Quick Summary
This discussion clarifies whether builders are liable to pay GST on advance maintenance charges collected from flat owners after the Occupancy Certificate (OC) but before the society's formation. The consensus is that builders are indeed liable for GST on these amounts, even if they deduct expenses and transfer the balance to the society later. Prompt GST registration is advised.

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SEO Sai Gr. Hosp.
212475 Points Posted on 13 May 2023

Yes, builder is liable for GST also.

2 Reply
On 13 May 2023 at 20:43
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GST Practitioner
55067 Points Posted on 13 May 2023
Yes agree with sh Dhirajlal Rambhia ji reply
1 Reply
On 13 May 2023 at 22:15
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Profession
28261 Points Posted on 14 May 2023
Take immediate gst registration.
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On 14 May 2023 at 08:20

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