GST for Housing Societies in Maharashtra

gstBy Accommodation Times Bureau

Registration :

A Co-op Hsg Society is required to be registered under GST if the Aggregate turnover exceeds Rs 20 lakhs annually. Aggregate turnover shall include all taxable and exempt services. Aggregate turnover means all billing other than Municipal Tax & Sinking Fund, but includes Interest received from banks, and members.
Registration :

If the Society has to pay GST under Reverse Charge [ Supply of services by Advocates ], irrespective of the turnover, the Society has to Register under GST.

Exemptions :





Similar Articles

Leave a Reply

Top