No GST on maintenance charges of housing societies below this amount, government clarifies rules for levying GST on maintenanceThe Ministry of Finance clarified GST rules for housing societies in response to parliamentary questions. Residents are exempt from GST com...
31 Jul, 2025, 08.00 AM IST
Is 18% GST levied on maintenance amount when housing society is managed by builder?GST on house maintenance is needed to be paid by those who are paying more than Rs 7,500 per month and the RWA's turnover is more than Rs 2...
22 Apr, 2025, 04.25 PM IST
Pay GST on society maintenance if monthly charge is more than this and annual collection is above Rs 20 lakhGST: Every homeowner who is paying more than Rs 7,500 per month as house maintenance charges to the Resident Welfare Association (RWA), hou...
17 Apr, 2025, 11.43 AM IST
SBI hikes annual maintenance charges related to these debit cards from April 1, 2024: Check detailsSBI debit card charges: State Bank of India (SBI) has revised the annual maintenance charges related to certain debit cards. Here is a look...
28 Mar, 2024, 02.02 PM IST
Real estate developers, RWAs liable to pay GST for over-charging electricity tariff from flat ownersThe Central Board of Indirect Taxes and Customs (CBIC) has clarified that real estate developers and Resident Welfare Associations (RWAs) w...
01 Nov, 2023, 05.43 PM IST
Electricity supply by realty firms, mall owners, airport operators to attract 18% GST"It is clarified that whenever electricity is being supplied bundled with renting of immovable property and/or maintenance of premises, as ...
01 Nov, 2023, 02.24 PM IST
Demat account charges: Zerodha, AngelOne, ICICI Direct, SBI Securities, HDFC Securities, GrowwThere are various charges involved when it comes to maintaining a demat account and it varies with each brokerage.
28 Jun, 2023, 02.43 PM IST
‘GST applies to 1-time maintenance deposit flat buyers pay builders’The AAR bench, though, added the amount will be subject to GST at the time of actual supply of service—when maintenance services or repairs...
13 Jan, 2021, 12.09 PM IST
Homebuyers oppose hike in maintenance fee during lockdownEros group, which runs a housing society by the name of Eros Sampoornam has issued notice of hiking maintenance charges from Rs 1.95 per sq...
24 Apr, 2020, 02.02 PM IST
GST rates for mobile phones, matchsticks, MRO services notifiedMobile phones will be charged 18% GST from April 1, compared to 12% earlier, while all kinds of matchsticks will be charged a 12% GST versu...
30 Mar, 2020, 02.49 PM IST
Flat maintenance charges of over Rs 7,500 to incur 18% GSTThe ministry clarified the ceiling of Rs 7,500 per month per member shall be applied separately for those who own two or more flats in a ho...
23 Jul, 2019, 10.14 AM IST
18% GST on flat owners paying monthly maintenance of over Rs 7,500As per the rules, RWAs are required to collect GST on monthly subscription/contribution charged from its members if such payment is more th...
22 Jul, 2019, 10.05 PM IST
No GST on housing society maintenance up to Rs 5,000Maintenance charges are collected by a co-operative housing society for purposes like providing security, lift upkeep, maintenance of commo...
08 Sep, 2017, 01.57 PM IST
Flat maintenance charges shoot up to 18% post-GSTProperty manager Chandrasekar Kaliamurthy said the maintenance charges of 15 apartment complexes on Rajiv Gandhi Salai have gone up in the ...
11 Aug, 2017, 11.32 AM IST
Will the prices dip? All you wanted to know about GST's impact on housingExisting taxes have a cascading effect & consequently, the accumulated tax liability falls on the customer, resulting in a higher cost when...
29 Jun, 2017, 07.07 PM IST
5 reasons why living in housing society will be expensive under GSTWhile buying a house may or may not become cheaper, living in a gated society is surely going to burn a big hole in your pocket in the comi...
28 Jun, 2017, 03.30 PM IST
GST means 2.5% more tax on a flat's maintenance chargeThe existing rate of 15.55% on maintenance charges will be replaced by 18% which will be applicable on housing societies having annual corp...
27 May, 2017, 03.17 PM IST