Case Law Details
In re Forest County Co Operative Housing Society Limited (GST AAR Maharashtra)
Question 1. Applicability of GST on Repair and Maintenance Fund and Sinking Fund.
Answer: – In view of the discussions made above, it is held that GST is applicable on Repair and Maintenance Fund and Sinking Fund.
Question 2. Whether or not exemption limit of Rs.7500/- per month per member is applicable on above two components of maintenance bill by a Housing Co-operative society to members of society.
Answer:- In view of the discussions made above it is held that if the gross amounts collected by the applicant in their bills/invoices, exceed Rs.7500/- then exemption limit of 7500/-is not applicable on two components of maintenance bills as asked in question above. It is explained in para 5.12 and the table mentioned in above order.
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