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GST Update on "Society Charges" collected by builder

GST Update on Society Charges collected by builder - Goods and Services Tax - GST - By: - Pradeep Jain - Dated:- 13-12-2017 - A builder is supposed to collect an amount for repairs and maintenance of flats. This collection is being kept in a separate .....

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ssue has been under litigation in service tax regime. In our earlier update, we had opined in the same case that since no consideration is involved and builder is merely acting as a collector of amount which is subsequently transferred to society, no .....

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M. Is it applicable? A: Yes. According to this FAQ, GST is applicable even if the builder or developer collects the maintenance charges as benefactor for the society, however, no reason or any legal backing has been provided alongwith this. Earlier i .....

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