Gst on group housing society

This query is : Resolved

Nitin Kumar Sharma (Querist)
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24 June 2017 I LIVE IN GROUP HOUSING SOCIETY. AS MY SOCIETY CHARGE ME FOR MONTHLY MAINTENANCE RS. 1200/- ( INCLUSIVE OF WATER BILL, STREET ELECTRICITY BILL, SECURITY BILL, PARK & ROAD MAINTENANCE. ETC.). AND ITS TOTAL RECEIPTS IS MORE THEN 20 LAKH IN AN YEAR. IS MY SOCIETY COMES UNDER GST ACT. (UNDER 18% SLAB). IF YES THEN WHAT IS THE SOLUTION FOR THAT, IF MEMBERS ARE NOT WILLING TO PAY TAX.

Amol S Joglekar

Amol S Joglekar (Expert)
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24 June 2017 GST is not applicable in your case since the monthly maintenance recovery is less than Rs5000/-

Nitin Kumar Sharma

Nitin Kumar Sharma (Querist)
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24 June 2017 BUT TOTAL YEARLY RECEIPTS MORE THEN 20 LAKH ( 320 HOUSE @ 1200/P.M. FOR 12 MONTHS)

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Amol S Joglekar

Amol S Joglekar (Expert)
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24 June 2017 do you know the difference between "AND" conditions versus "OR" conditions?
These are "AND" conditions for GST for Society etc.
Since you satisfy only one condition......GST is NOT applicable to your society