Gst on co operative housing society
This query is : Open
28 May 2018
Our is CHS having 650 flats
Per month maintenance is Rs 5500 which is below thershhold limit of GST Rs 7500
But annual turnover is around around 4.20 Cr. .
So are we suppose to get GST registration on turnover basis even though monthly charges are below Rs 7500 limit?
Please revert and thanks in advance for your help
Per month maintenance is Rs 5500 which is below thershhold limit of GST Rs 7500
But annual turnover is around around 4.20 Cr. .
So are we suppose to get GST registration on turnover basis even though monthly charges are below Rs 7500 limit?
Please revert and thanks in advance for your help
28 May 2018
No, you are not required to be registered if you are not a supplier of any other taxable goods or services other than collecting the contribution from the members of the housing society for third party supply of services and goods or supply or goods and services by the society.
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