Tax liability under g.s.t. on housing society r.w.a.

S.M.Bhalla (Querist) 14 September 2017 This query is : Resolved
We are a small housing society R.W.A. Consisting of 146 flats.We are maintaining our society common areas through vendors.collecting maintenance charges from residents.Is there any Tax liability on us.

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Hemant Agarwal (Expert) 15 September 2017
1. "IF" the aggregate turnover of the RWA, exceeds 20 Lakhs Per Annum, THEN GST @ 18% is leviable.

2. All Statutory Taxes, Penalities, Fees (Property Tax, Water, NA ....) are exempted from the above (point no. 1)

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