Explained | GST on apartment maintenance: What the ₹7,500 threshold means for housing societies
GST will apply to the entire maintenance amount if housing societies charge above ₹7,500 per month per member and have annual turnover above ₹20 lakh, says CBIC. Here's what is exempt and what isn’t.
GST will apply to the entire maintenance amount if housing societies charge above ₹7,500 per month per member and have annual turnover above ₹20 lakh, says CBIC. Here's what is exempt and what isn’t.
What's Your Reaction?
FEDA-HQ
The Federation of Economic Development Association of India (F.E.D.A) holds the distinction of being India's most venerable umbrella organization. F.E.D.A focused on promoting economic growth in India. Economic development professionals throughout the state, along with individuals and companies in related economic development fields, work together with the F.E.D.A Members and Board of Federation to help positively influence country legislation and industrial growth. With cutting edge policy research and advisory to National and State governments on trade issues. F.E.D.A is one of the leading non-profit organizations with established credentials for enhancing economic development.
