{"id":9365,"date":"2020-02-02T04:55:00","date_gmt":"2020-02-02T04:55:00","guid":{"rendered":"http:\/\/itatonline.org\/digest\/prestige-south-ridge-apartment-owners-association-2019-aiftp-times-nov-p-7-karn-aar\/"},"modified":"2020-02-02T06:17:16","modified_gmt":"2020-02-02T06:17:16","slug":"prestige-south-ridge-apartment-owners-association-2019-aiftp-times-nov-p-7-karn-aar","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/prestige-south-ridge-apartment-owners-association-2019-aiftp-times-nov-p-7-karn-aar\/","title":{"rendered":"Prestige South Ridge Apartment Owners\u2019 Association ( 2019) AIFTP Times -Nov- P.7 (Karn) (AAR)"},"content":{"rendered":"<p><strong>Held: <\/strong>The exemption of Rs. \u00a07,500\/- in terms of entry no. 77 of Notification No. 12\/2017-Central Tax (Rate) dated 28.06.2017, as amended, is applicable for maintenance charges collected from members. The benefit of exemption up to Rs. 7,500\/- is applicable on per flat basis, when members have more than one flat. The exemption of ` 7,500\/-, in terms of entry no. 77 of Notification No. 12\/2017-Central Tax (Rate) dated 28.06.2017, as amended, on maintenance charges charged by a Resident Welfare Association (RWA) from, resident is available only if such charges do not exceed Rs. 7,500\/- per month per member. In case the charges exceed \u00a0Rs. 7,500\/- per month per member, the entire amount is taxable. The electricity charges paid for power consumed towards common facilities and separately recovered from members is liable to GST as consideration received for the supply of maintenance services to the members. The Corpus Fund or Sinking Fund collected from members is not to GST, as it amounts to deposits received towards future supply of services to members \u00a0(No. KAR-ADRG 42\/2019 dt. 17th September<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GST \u2013 AAR-Karnataka<br \/>\n\u201cApplicability of GST over and above Rs. 7,500; GST on reimbursement of electricity charges; GST on collection of sinking fund \/ corpus fund.\u201d  <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-9365","post","type-post","status-publish","format-standard","hentry","category-gst-law"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-2r3","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/9365","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=9365"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/9365\/revisions"}],"predecessor-version":[{"id":9366,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/9365\/revisions\/9366"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=9365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=9365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=9365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}