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GST- Maintenance charges for apartments, Goods and Services Tax - GST

Issue Id: - 116699
Dated: 7-9-2020
By:- vignesh VSACCOUNTOPRIVATELIMITED
GST- Maintenance charges for apartments

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sir- maintenance charges collected is ₹ 3000/- per month totally 38 flats, but the apartment association is planning for renovation, so it collects ₹ 45,000/- per flat owner! so should they register for GST?

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Showing Replies 1 to 4 of 4 Records

1 Dated: 8-9-2020
By:- KASTURI SETHI

Renovation is taxable activity. See the definition of 'Construction' under CGST Act. Registration is required.


2 Dated: 8-9-2020
By:- Ganeshan Kalyani

I agree with the views of Sri Kasturi Sir.

Further, maintenance upto ₹ 7,500/- per month, per member is exempt from GST.


3 Dated: 8-9-2020
By:- Shilpi Jain

For future you could also consider taking a one time corpus fund if possible from the owners, the income from which can be used to cater to the capital expenses. The receipts to this fund would not be taxable.

For this specific transaction you could also check if pure agent conditions would satisfy for GST to be not liable.


4 Dated: 10-9-2020
By:- Ganeshan Kalyani

In my view, threshold limit for registration applies to society as well.


1

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