Is GST applicable to Co-operative Hsg. Soc.
Recently my building co-op Hsg. Soc. started adding 9.5 + 9.5 percent GST in member's bills. This does not appear to be correct. Society is a collective body of members, paying to society is like paying to yourself. It collects funds from members to pay to other service providers like power supply, municipal corporation etc. No GST should be applicable on the payments by members to society , because it like paying to yourself. For example, when you eat at a restaurant, you pay GST as restaurant is service provider but you don't have to pay GST when you eat home cooked food. Chs. is not a service provider to it's members, it is members themselves. Therefore no GST should be charged.Members pay for the GST charged by service providers, like contractors, power company etc., to the society.
Will a competent authority clarify the matter.
mcd
It is contribution by member of expenses made for maintaining the Housing so cities. So there should not be any GST as neither it is service or goods sales.
Jan 10
Well explained by Madhumita
Jan 10
Strange& Funny: Rs 750 Broad Band Charge and Rs 230 GST, why not charge same on TV too.
Jan 09
Your suggestion is welcome, I pray you become the Finance Minister to implement the same. Till implemented one has to pay except on Pure Agency Functions valuations
Jan 09
A Cooperative society has been considered as a person under section 2(83) of CGST act 2017 and the services provided by Housing society is also considered as business covered under the term supply under GST. In case where the total turnover of the Society is MORE than Rs. 20 lacs and it collects more than Rs. 5000 PER MEMBER AND PER MONTH as MAINTENANCE CHARGES, then the society will have to take registration and has to charge GST @ 18%. Rs. 5000 maintenance charge include the common charges charged by Society from its member like parking charges, maintenance charges of common use and so on.
Jan 09
Property Tax payments, water charges and electricity charges are not included for the purpose Rs.5000/- Sinking Fund collection also should not be included, which is subject interpretations.
Jan 09
yes if it is less than Rs 5000 no GST is chargeable as it is exempted supply under notification no 12/ 2017
Jan 09
The word is 20 lakhs and Rs 5000 per member .. the word is and not or. so if it is less then rs5000 per month per member it is not chargeable
Jan 09