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Impact of GST on hsg coop societies


21 May 2017 Whether hsg Society should register under GST? Will the monthly maintenance collection attract GST? THRESHOLD limit of Rs 20 lakes will apply. What about claiming ITC if not registered with GST?

21 May 2017 Monthly maintenance collection exceeding 5000 attracts GST. Threshold of 20 lacs applicable for registration including collection less than 5000(exempted turnover). GST registration required for ITC claim.

21 May 2017 Thanks. Rs 5000 per member


21 May 2017 Yes it is 5000 per member.

22 May 2017 thank you very much



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