GST applicable on voluntary payment by outgoing CHS member

MUMBAI: Monalisa Cooperative Housing Society (CHS), located in Pedder Road, has lost its GST appeal with the Maharashtra bench of the Appellate Authority for Advance Rulings (AAAR). The appellate body upheld the earlier ruling, reported by TOI on June 8, 2022, that Goods and Services Tax (GST) will be applicable on the "voluntary" contributions by an outgoing member.  In other words, it is th…