pl. clear applicability of gst on the amount collected by by the flatholders for their own maintenance expenses.
pl. clear applicability of gst on the amount collected by by the flatholders for their own maintenance expenses.
It will be applicable, unless in any negative list!!
As per definition of supply, the transaction between RWA and its members are supply and GST shall be attracted. We need to wait for exemption notifications. This transaction is likely to be exempted upto certain amount, may be Rs. 5000/- per month.
T R SOOD & CO
New Delhi
CA Inter
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Vardhaman Group of India
Pimpri Chinchwad
CA Inter
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CAclubindia
