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Ministry of Fin Unknots Confusion of RWAs on GST
The New Indian Express Mangaluru
|April 13, 2025
The Ministry of Finance & Corporate Affairs has sought to clear the confusion among apartment owners and resident welfare associations (RWAs) over imposition of Goods & Services Tax (GST) on monthly maintenance.
Following The New Indian Express article "GST shadow looms over apartment complexes" on April 11, which highlighted the prevailing confusion among residents in apartment complexes over GST imposition, the office of Director General (M&C), Press Relations & Information Division, Ministry of Finance & Corporate Affairs, has clarified that if the aggregate turnover of an RWA does not exceed Rs 20 Lakh in a financial year, it shall not be required to take registration and pay GST even if the amount of maintenance charges exceeds Rs 7,500 per month per member.
Dit verhaal komt uit de April 13, 2025-editie van The New Indian Express Mangaluru.
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