Quick Summary
Apartment Owners Associations (AOAs) across Noida have raised strong objections to the Uttar Pradesh tax department's move to impose 18% GSTon maintenance and electricity charges collected from residents in housing societies. The move has triggered concern among thousands of apartment owners, who argue that such collections are not commercial activities and therefore should not attract GST. The UP tax department has reportedly issued notices to around 25 housing societies, seeking records datin
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FAQ :
The UP tax department is attempting to impose an 18% GST on maintenance and electricity charges collected by Apartment Owners Associations (AOAs) from residents.
AOAs argue that the collected charges are for cost recovery on a no-profit, no-loss basis and are not commercial activities, hence not subject to GST.
The GST is being considered on maintenance charges and electricity charges collected from residents for common expenses and electricity supply.
Yes, around 25 housing societies in Noida have reportedly received notices, including Prateek Stylome, Antriksh Society, and Prateek Wisteria.
AOAs are seeking intervention from local MPs and MLAs, urging the state government to issue clear guidelines or exemptions clarifying that AOAs are not commercial entities in this context.
Residents fear that retrospective GST demands could lead to significant financial burdens, especially if the issue is not resolved promptly.
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