GST Regis.
This query is : Resolved
22 November 2024
Please clarify whether GST registration is applicable or No to Apex Federation Society which is formed of 7 Societies.
There are a total of 7 individual societies paying monthly maintenance To Apex Federation of Rs 2,48,000/-per month.
If Yes or No pls specify the relevant section of the GST Act.
There are a total of 7 individual societies paying monthly maintenance To Apex Federation of Rs 2,48,000/-per month.
If Yes or No pls specify the relevant section of the GST Act.
23 November 2024
Whether the apex fed society is supplying any taxable supplies?
26 November 2024
Yes they are providing taxable supplies but per flat contribution is Rs 654 monthly.Total there are 378 flats in 1 Tower. Total there are 7 Towers paying to apex federation Rs 248000 monthly per tower.
26 November 2024
Yes, registration is mandatory in your case, as total collections from the 7 members exceed threshold limit.
27 November 2024
But Sir As per Entry 77 of the GST Exemption Notification, the maintenance charge paid by residents to the Resident Welfare Association (RWA) in a housing society is exempt from GST up to an amount of Rs. 7,500 per month per member.
It implies that even if the turnover of the housing society is above Rs. 20 lakhs (or Rs. 10 lakhs for special category states), it may not have to be registered under GST in terms of Section 22 of the CGST Act, 2017 if its maintenance charges are less than Rs. 7,500 per month per member as it is supplying wholly exempt services not liable to register by the virtue of Section 23 of the said Act.
It implies that even if the turnover of the housing society is above Rs. 20 lakhs (or Rs. 10 lakhs for special category states), it may not have to be registered under GST in terms of Section 22 of the CGST Act, 2017 if its maintenance charges are less than Rs. 7,500 per month per member as it is supplying wholly exempt services not liable to register by the virtue of Section 23 of the said Act.
27 November 2024
Whether the Apex Federation society is collecting the charges from individual members?
27 November 2024
Apex is sending Bill in the name of Tower-1,2,3 etc of Rs 248000 per Towerand Towers are collecting from individual members in their Maintainece bill of Rs 2800(inclusive of Rs 654 as Federation Chgs from 378 members) and that Rs 654 is Rs 248000 of 378 members
27 November 2024
Who are the members of Apex body?
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