GST on co-operative banks
D. Chandra Sekhar (Advocate & Tax Consultant) (25 Points)
17 August 2017is it necessary to take GST registration?
D. Chandra Sekhar (Advocate & Tax Consultant) (25 Points)
17 August 2017
Sarath Rajendran
(Nil)
(2791 Points)
Replied 21 November 2018
Use this link https://www.puneicai.org/wp-content/uploads/GST-PPT-Co-operative-Banks.pdf
puthalath sunil
(2 Points)
Replied 16 February 2024
When the aggregate turnover of a Co-operative Societies in a financial year exceeds twenty lakh rupees, such Cooperative Societies become liable for Registration under GST as per Sec 22.(1) of CGST Act. Housing Society is not eligible for Composition Scheme.