Is Maintenance charges collected by Residential flat association taxable under GST?

Is Maintenance charges collected by Residential flat association taxable under GST? If it is collected by builder does the situation change?

Asked on September 9, 2017 in Real Estate.
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1 Answer(s)

Maintenance charges below 5K per month will not attract GST RWAs will have to pay GST on monthly contributions over than Rs. 5000 per member and if the annual turnover of RWA is over Rs. 20 lakhs. GST rate is 18% Situation will be same in case of builder.

Answered on September 9, 2017.
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Gen GST