Menu
Gst registration of RwA
Related provision is - RWAs shall be required to pay GST on monthly subscripttion charged from its members if such subscripttion is more than Rs.7,500 per month per member. Further, the annual turnover of any RWA by way of supplying of services and goods has remained unchanged at up to Rs 20 lakh, any amount more will attract GST taxation of 18%.
Hence, in your case, as the turnover is exceeding Rs.20 Lakhs, it's better to obtain GST registration and declare the turnover under exempted supply.
| Originally posted by : RAJA P M | ||
 |
But, Nobody reply my doubt 😢😢😢 |
 |
RWA stands for Resident Welfare Association. This is the association that is normally set up in every housing society.
| Originally posted by : sweetyjain | ||
|
if RWA is also provide renting services to motherdairy shops as well as hoarding services to other whether gst is chargeable ??? | |
In my opinion, where the annual turnover is exceeding Rs.20Lakhs, yes GST is chargeable.
In case,. doing only exempted supply even if turnover exceeds 20lac no registration is required , but if a single penny of taxable supply made & the aggregate turnover exceeds 20lac Registration is mandatory
Recent Threads
- 234 f penalty
- GST REGISTRATION FOR CARPENTER WORK
- Standard deduction for family pensioners
- Concerning tax savings or understanding the long-t
- F&O losses
- Is form 10 IE needed in this case?
- TDS on purchase of property more than 50 lakhs
- Withdrawal from post NSS
- Section 10(11) or 10(12) of exempted income
- New income tax act
Related Threads
CAclubindia
