Recommended Articles*[Service by an unincorporated body or a non- profit entity registered under any law for the time being in force, to its own members by way of reimbursement of charges or share of contribution – (a) as a trade union; (b) for the provision of carrying out any activity which is exempt from the levy of Goods and service Tax; or (c) up to an amount of five thousand rupees per month per member for sourcing of goods or services from a third person for the common use of its members in a housing society or a residential complex.]
- Property Tax-actual as per Municipal Corporation of Greater Mumbai (MCGM)
- Water Tax- Municipal Corporation of Greater Mumbai (MCGM)
- Non- Agricultural TaxMaharashtra State Government
- Electricity charges
- Sinking Fund- mandatory under the Bye-laws of the Co-operative Societies
- Repairs & maintenance fund
- Car parking Charges
- Non Occupancy Charges
- Simple interest for late payment.
From the tax/ charge as listed above, on which GST is not applicable.
Services provided by the Central Government, State Government, Union territory or local authority to a person other than business entity, is exempted from GST. So, Property Tax, Water Tax, if collected by the RWA/Co-operative Society on behalf of the MCGM from individual flat owners, then GST is not leviable.
Similarly, GST is not leviable on Non Agricultural Tax, Electricity Charges etc, which are collected under other statutes from individual flat owners. However, if these charges are collected by the Society for generation of electricity by Society’s generator or to provide drinking water facility or any other service, then such charges collected by the society are liable to GST.
Sinking fund, repairs & maintenance fund, car parking charges, Non- occupancy charges or simple interest for late payment, attract GST, as these charges are collected by the RWA/Co-operative Society for supply of services meant for its members.
GST Registration
GST Definition, Objective
GST Forms
GST Rates
GST Login
All About GST E Way Bill
GST Rates Changed on Certain Goods
GST Return Filing Due Date
GST Due Dates