Dear all,
From 1st July 2017, housing societies will need to charge 18% GST to its members, if maintenance recovery is more than Rs.5000/- p.m. per member & if total maint recovery by a society exceeds Rs.20 lacs p.a. Accordingly , only those societies who fall in this category (i.e. fulfilling both the conditions) will need to register under GST & charge from July 2017 onwards. Pl consult your society's CA before registering.
From 1st July 2017, housing societies will need to charge 18% GST to its members, if maintenance recovery is more than Rs.5000/- p.m. per member & if total maint recovery by a society exceeds Rs.20 lacs p.a. Accordingly , only those societies who fall in this category (i.e. fulfilling both the conditions) will need to register under GST & charge from July 2017 onwards. Pl consult your society's CA before registering.
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