Case LawGST-ARA-38/2020-21/B-103
Mahindra Splendour CHS Ltd ., In re
- Court:
- Authority for Advance Ruling
- Bench:
- Maharashtra
- Date:
- December 1, 2021
- Type:
- Advance Ruling
- Members:
- Rajiv Magoo, T R Ramnani
Subject
GST leviable on amount collected by a housing society from its members towards the Sinking Fund, Building Repair Fund etc
SupplyInput Tax CreditConsiderationBusinessPrinciple of MutualityDeposit
Summary
Question 1:- Whether the applicant is liable to pay GST on the contribution received from its members? Answer: – Answered in the affirmative. Question 2:- If yes, whether the applicant can avail the benefit of exemption under entry no. 77…