Why 18% GST on Cooperative Housing Society?
There was no service tax on members contribution towards common expenses in a cooperative housing society. Now that Service Tax is included in GST, there should be no 18%GST on members contribution towards common expenses in a cooperative housing societies. Members pay contribution towards common expenses from their tax paid income, and again charging 18%GST amounts to double taxation.
There is exemption up to 7500 rupees per month per member but every society having a turnover of 20 lakh rupees is required to register for GST. Compliance after registration is resulting in harassment to managing committees and avoidable extra paper work and expenses for filling Returns.
We request PM to advise GST Council to exempt Cooperative Housing Society from GST in the next meeting scheduled on Saturday 22 December 2018. more
There is exemption up to 7500 rupees per month per member but every society having a turnover of 20 lakh rupees is required to register for GST. Compliance after registration is resulting in harassment to managing committees and avoidable extra paper work and expenses for filling Returns.
We request PM to advise GST Council to exempt Cooperative Housing Society from GST in the next meeting scheduled on Saturday 22 December 2018. more
Viewed by 1510
View all 30 comments Below 30 comments
[ ]( # ) [ ]( # )  [ ]( http://r.sigma-institute.website/mk/cl/f/78zNGnnSd_eQlkQBdK4SeExZZW41eoX4ikh-uhBo5pzqasxIgE5vv4jY20ZZtK5yG-ADmgMIowlwVpXbd3V9FpBVEQ9frVBfw9ViZtPaLv1duiGNcAm8GgVkBxtEAQBi6X8_M4ROkPjw4Vs6imTxkoW5343t5biUsN5pimzUy_vDFglgKS2IJAZgePgqSDiRByrdEXXoiJXN7Pt9IklZNlSyVMtBaqsDRbe32XBdt1BZ60G0Dp5mzUp-rje-rdmaOoMoSkrmzPxGeDHtb6REv5BGPwLDSXnrE-c6m5m9-7TcpN1CF35R7kUtC6YmYRf1GxnE8QEWM76SPSgBbUgzHeXiV9WR-ZDPORZGKJauxSS_ZYkVNA )  [ ]( # ) COMPUTER FOR ONLINE CLASSES [ ]( # ) [ ]( http://r.sigma-institute.website/mk/cl/f/8cxcsPVBsdBJI0XhQ_5tzotdG18DpdqtXMtfqM5-fiu4GXChRP8DTf2Y044EcKphhONTNUcHjgx5svlY0zMEkAyR4X_I8JcPjQoUsn0AVyoBaAlGPb9ByCtbXh-vGw7rwmJMfC6O44D4FGswohhAnEVvsSBb5PbAlxiO0HWBsmdMjAL6Ny_kMRuMXE2kSQMHZQcIk4oXQN3FHxYIxpaca2ML2cY6fHbp-Aiea1WbhhMp-b0k5nrdsVZ0J0SK8YDqX2GwHWMcadvyqMBnAIaOLHmSsfHH6s2sTnwFyDPkQJBc8AWMrLerJXkmhLD91zudUcR5b-pVFRnEz-n097sjto1P22fbUjVKRn-LgNrafN0qxnruYQ ) [ ]( # )  For online classes we are providing a complete set of computer with UPS in following specifications: Monitor 15"; Camera & headphone CPU: 160 GB HDD, 2 GB RAM, Core 2 duo Keyboard, mouse UPS ( Electronic voltage stabilizer ) This complete set we offer pan India for Rs. 21000/- ( All inclusive ) One extra 160 GB Hard disk will be supplied free of cost within 5 years, if present becomes in sufficient. All carry "M.I.'s" 1 year warranty.    [ ]( # ) [ ]( http://r.sigma-institute.website/mk/cl/f/9pkZB2cJJd6gnoZE2z9VioGnYe6z1BdqDRVnt3XZoYrmaG5ojytHUyjhfb_sfgqSzYkxQiYOHcfHpA_ZQZTbM12dubReoDD_A3DSWtIGJILea9k5GryUIZmREtnBEJ1huPBS8fk_xJQCwcqCytmTPsH4e1PUFU1gxucwceUTuMJrWLQSViwAwlpgov-1MfMkJEtUXnsthDECnbz1ptgdiQLAOv5FxT1cyRvzun714e0LRVFLkckATPehCdnhtMC26QDAVqkTjZax7-paRByQN59a8L0-iznAdlgcOS2GPrvRVWWGXriuebTDF4zdrfFDHNBHogZ2maU-IPImbhmGzKaELgF_CneCl_w4ZwLgV-9jYgF9QA ) We understand the hardships...  Hardships of the parents, hardships of teachers, hardships of every such individual who is now compelled to work from home; be it student or the the professional now computer set is must. we decided to help all such people by providing the complete set including UPS to save your machine for longer life. In comparison to laptops desktop is robust & long lasting and also cheap & best ! For getting this deal, please click the button below:  [ Button ]( http://r.sigma-institute.website/mk/cl/f/AqZD4ErgNLmyiRC_E1sYDX9YbeksXTUTxKhiY99-o201_R8I-qQhL1VWnP1K8jRIb7DeaRWUYjt61McWJdWE9ceCIjEppEvwpDFknU2Vlj4AvjSv6L01DGbQsTHsOpl07qWkrfQatqCNuAH9CfLpS0hKl6EvKT6ChZiyv9bOjIaVElFeJREX6Ux9tUXD0IMRJ7EtBzP35b-NFAhjrJhNdjKFSWdWte7Hga78ZSKm-NbZDbzcVf95K6Gq_RdsVzAHwl6c2iTxW6k4E04LgmUsdr9ZkI_cEbJn71yyIszz9chozg2sAklGVaeEY1cP4OE2ksXBF2luj46JUarUP1DpHc0Bbyl_loQF7VBDGrzgbT-20KzjKA ) [ ]( # ) [ ]( # )  SIGMA INSTITUTE Delhi Cell: 9899075161 [ ]( http://r.sigma-institute.website/mk/cl/f/F_ff2F4BBb3qUxxU1VWdxsXtl6x9HmIt3NUf7GjAVo569_a_hmJHJtgQZ_X5C2qvJhjtSI4Nj4IVer4juawq5wmdvmRNRPK-qUluQoY4QpN-Eo198nhfcWaGSHmi_YU-ScTp8PzyKyCL-H6F7KyplzHpQPpvbot5ge4nOTvAmoZqzqTPvX6SuDQbwHfXffWNLf64joE0Ajm4BolUqCOvLdGYkVw43z2wEqti89EGhMuIRczcAE87nyNas8mq7_SkOKdEWBltu9OTCSGkDdSmG_CNiYT2WIiVclkTKktlQ_S_Xp1oh8btODayRDW4bqiB6HnES6nF8UIjXYiqgATEohL_ELqNtg ) [ ]( http://r.sigma-institute.website/mk/cl/f/jwbCu9PjT10tfcadzEc50tkbqSM2qnCNpl3hGIpycOzxuYdhObgU61t1W3HhuZQClYhpvU5E5BjKBOrIlgb1p2AJwwrpie1uyo2zWVNP89PzGGsD5-_wMuIjyCXpQO08ZwvVjkpWK0cwJCkYZhehM6RuXrwGhj8wnCaA6bV-oDt1HI3-GH15Zy6uaPa8D7HksFJwJnhsByXiftTyv0LE30u37-IJgR-7nlWVWI60lprAYmgoyNLkSC7u2CW7lAuMYlfg-v99ZhHjbxY1MSifZbxvu3Ivzv97i-EJaJkdbjBCdpvS7BQzQmze2g2DrW4whMee4ogdOwnuxsnhUSCJr0Z4zQ ) [ ]( http://r.sigma-institute.website/mk/cl/f/myCsWF9upqlpjxsHGcTLroDkR0Ld_Ta07lH_5abya11dLQKCi0FhBZ6MtTp-a_ycysxA8vu3tl3Dc0Qlhv49DezJcDkIevU0C6m1gCrbngyjrT5nJEf7CikPwntuJ2ii_tS6AYnhUzU4_y2eiAUw0CCFf_osk3AXGoP3VV7E8gVSkNvpwfJKO1vDIoNikLgfgs9WSJ5llhcHYvEPr5BgRiAlbBKZrEPAUtZG2LCylH7hDnzd50uGAR5pH9dlpjWQPxs8FO_oiUcfYGlGR1Gn-I4wjzq7Fo2MWgM4Yc6cpLNAr3FSIFoxhX4DhFQJkgXYKZW_cvVke-_OYliLDHpuRp8 ) [ ]( http://r.sigma-institute.website/mk/cl/f/iQ8MGKMqmnOfgm9rCONBS7KZXuNSenq3_jOhYq67lrTd37Y6xn8DpG6Jgg4BwvbH9BIYtmOKSbr19rV-oADBdDTdIGP3Wizkmb_A9XHpziXu2_ZAnAQNUZA8WU8yyxao75RfHkutTHN_vsXpeJVL5UuDvMbuS86YzSQ_BxG8dPybbUIZ9HhThC-w2Z9XKB86pWQy4UNBRIMNLvDchkH-7GSYRmtF9LaB0PcxyGwAFYWyhnqkOLgVKUkE8xRG0PJRWAkXK6VlZQNYzhhqlxqmuXwl3qwc4o4BEu_pmliEeV8ahydOPxD20eKFkLnec7F98nr__qaKqUBcEpiZUv1Z2v2qw0lyNJFepPo6F5E ) [ ]( http://r.sigma-institute.website/mk/cl/f/kU0o6IChssnaBIb7tbe_0bsmilDHkx2fq-JGKTq4IAs8Fn_mDXAGeffHE6gGMS1z3RaHBjHPxJNz8ZMkMdxbvG1zzO0mLxMYxC7jcTNMdkBKHBSvQ0cQgI0_K9xuYJpJpC8OYRDQGYtG4_t2WPTFdgxkwzqICwqsQ4jh1OISOv3i5pVArtr1pRHid-i8BJwZm9VlzkdMVz191rGtZslfdju0GoDX8KKYAp25i_-ZOWJJbYQ7ZGu2nUwOdQcy2Fee2hY_3Ag2jJ3YRsGJihCUe6gppyyAbNr-ZIpdR0YJeBBuIq--3CWljo5VkAEjlZdIodxsZ4JQchwS2-P93LTV09uGV4YSZA ) [ ]( http://r.sigma-institute.website/mk/cl/f/6iSG47I8TJW6S9P5T3lQmCTZoTiOweeS3vmho0A-G9OdfVyhsxZLWGpf8tWopI_gH6AMgNRMLJdUMyyNqinAnkb7YGsEcg8izzJXNVa1X_s73Hv5BdW7hQyH2uXWLWUF_n2gXAm6-qjtd9U3IQsp1mQ5u7PhSMrAZYgAjEDihjbI02r1eLdjO0LCy-Y2I0oG5dbCNphsLe1IWwz2761cxwTZzzsv_WMwss5MWnEUOV0wjnGCr9_EXeTN-sGIfD5FhFdqE2FEPkEk98UQGd15-VzicwpT1HM_dZ91A-iaeDqHzn_f1s4i1_-owYmynB7gyfyz1GxzB2eh45wsduq2YtKksrFYDVMSIkJAXMF0BtCMgMcSX9cP5M_mqd2BCSrDawuGvmDlGxDXCrrnTOQ ) [ ]( http://r.sigma-institute.website/mk/cl/f/qn7M5wjl-xKpb3zslyOIF7E7dKkE093z7upIscbjryWo9Rr6NKzjIKqurwsc-nNK5_PNhv5-F0b6h-n3jHIO-sjllZqJn_5_HUBcmWkPsUJh-OCIoMM0g94Nap_FXCVYva5N7NoqPl2p4teGNDlvsnrNhLgz_Xu4Bb_jRIGb1_cA5s2VSE4RgNDPK_W7t0VG-8HctEl_x4WD-nvz7Qz8KQfMCkEzGiJdFVaK2CRXSyn5h1DS9XrDxKFuobqXbUYM1IJUXFt_2SrjouTd_cIhOuspOkqpydGBMcSUwFAWv7dvNyx5SSf_oUHFuZkUc04HJ93vX4L5ND_NpmfCYsl0yTUZmRxbk2M_oIrtxBIg ) [ ]( http://r.sigma-institute.website/mk/cl/f/D4B058BkKiSBVuj_Rk85v08mFUqMsf2GEXeDSHb71NzxEcctjLmiiH6jMFtN7jv6QodvoNspnm_J1wY0gmj0Ev-JzjC879q9qfGpv2EGnqJfXfzXvbdUujWMQfN4tgS21HBlx36j-TGDUATgnUZSzrOLVWC7kkRCESgd9NczA9Xa1EkT7CjXc9bO5O63J9_Hwr5buV0HzbWa-v6YjtGMI1auPN5WNgGN6PT3tLNR5SSYgHFmTSvUW-ejE9Uo0ZzguJ80ZAh31UrNtue5BbgP25kobVCdYp43-QGpgUX4f91QWqQlBHWJBy65mh4ZWZ4OCKmAoUgk0fKDfdtdsluliK9NdK38nhSQt0wE )  [ ]( # )  You received this email because you are registered with Sigma Institute  [ Unsubscribe here ]( http://r.sigma-institute.website/mk/un/CYrYb5-yZa9AT95FxE2Je4AjxSIHFOFrJptP7WQzDmu65pZ-NC9Ut3WbiImvwQWOeVSeNPL1mffYNFLKeo7L0EFOyzMZtDLDnP1CSUJh5Nb4OCEU-IVqH5CGJiQ5xzWOAS2iKTH8ImlKQmny2_n9AYLcuZL1qMsck4Apw3L9-T_fVUuzqLpUMWWl8E_gONbmTsY-nT3E3ZCnzRwYoEtf6gEHhV8 )  [ ]( # )  © 2020 Sigma Institute  more
Oct 31
here GST has to exempt co op hsg society as purpose is not profit making On Wednesday, December 19, 2018, 11:12:43 AM GMT+5:30, MOHIT PANDE wrote: more
Jan 16
Yes, such co-operative societies must be kept out of the purview of GST. After all these societies are formed and managed by the owners of houses/flats in clusters with the only purpose of maintenance of such houses/flats and not for the purpose of conducting any business/commercial activities. Inflicting any kind of tax liabilities on such bodies in not only unjustified but illogical as well. more
Dec 22
GST on 3rd and subsequent House/Flat shall be at the maximum % since Land is scares and majority are Houseless still and paying heavy Rents which indeed become the Profits on investments on Housing even through Bank Loans. more
Dec 22
As per the law, GST is only applicable on additional income of the society over and above its expenditure. However, each item of expenditure should be relatable / allocable which is absurd as you need some really intricate accounting. Other income like delayed period interest, parking charges etc are all subject to GST. The anomalies need to be fixed with a workable solution, which can be done if the powers to be care. more
Dec 22
