sweetyjain (assistant) (227 Points)
06 June 2018
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 06 June 2018
A B Kundu
(Professional)
(1422 Points)
Replied 06 June 2018
Related provision is - RWAs shall be required to pay GST on monthly subscripttion charged from its members if such subscripttion is more than Rs.7,500 per month per member. Further, the annual turnover of any RWA by way of supplying of services and goods has remained unchanged at up to Rs 20 lakh, any amount more will attract GST taxation of 18%.
Hence, in your case, as the turnover is exceeding Rs.20 Lakhs, it's better to obtain GST registration and declare the turnover under exempted supply.
sweetyjain
(assistant)
(227 Points)
Replied 06 June 2018
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 06 June 2018
A B Kundu
(Professional)
(1422 Points)
Replied 06 June 2018
| Originally posted by : sweetyjain | ||
 |
if RWA is also provide renting services to motherdairy shops as well as hoarding services to other whether gst is chargeable ??? |  |
In my opinion, where the annual turnover is exceeding Rs.20Lakhs, yes GST is chargeable.
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 10 June 2018
Vinod Babu
(24191 Points)
Replied 10 June 2018
subhagan sreerangam
(7054 Points)
Replied 23 September 2018
CAclubindia
