Searched for
HOUSING SOCIETY GST
Booked flat for Rs 24 lakh in 2010, paid Rs 40 lakh over time, still no possession in 2026; homebuyers awarded full refund and Rs 2.5 lakh compensation eachThe case dates back to 2010 when the two homebuyers had made bookings for 3BHK flats in a housing society project initially proposed in Noi...- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 27%Retail market investors are presented with a choice. Act now, when the uncertainty quotient is high. Or, wait for things to settle down. In...
- Can housing societies stop Amazon, Zomato, Swiggy and other online apps from delivering to residents for non-payment of society maintenance dues?Housing societies cannot block online deliveries like Amazon or Zomato for unpaid maintenance dues. Legal experts clarify that such actions...
- PM's birthday should be observed as 'right to housing day': NAREDCO in letter to ModiNAREDCO has appealed to Prime Minister Narendra Modi to declare his birthday, September 17th, as 'Right to Housing Day,' acknowledging his ...
- 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...
- 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...
- 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...
- Home loan: Documents required to buy resale propertyOne benefit of buying resale property is that you won't have to wait for development to be finished before moving in; instead, you will hav...
- GST applicable on voluntary payments made by members to housing societies, says AARAAR said that the money received by the society was for the supply of services. GST has a concept called "supply of services," which is use...
- AAR ruling making office refurbishing costs eligible for tax credit may lead to litigationsAs of now, only the cost that contributes towards the output of a company — raw materials, input services, machinery, etc. — are eligible f...
- GST applicable on “sinking fund” and “repair funds” created by housing societies: AARGST at 18% is applicable on repair and maintenance funds and sinking funds collected by residents’ welfare association (RWA) or Housing Soc...
- ‘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...
- Mumbai realtors ask state for GST reduction, Input Tax Credit on redevelopmentThe GST Council recently recommended reducing the tax rates while withdrawing the Input Tax Credit (ITC).
- RERA, GST likely to make co-operative society sites costlier in Karnataka"The dream run of cooperative housing societies, which made hay during the property boom in Bengaluru and other major cities of Karnataka, ...
- 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...
- Take note! Lodging in school hostels kept out of tax net“Annual subscription charged as lodging or boarding charges by such educational institutions from its students for hostel accommodation sha...
- No GST on housing society RWA with turnover below Rs 20 lakhServices provided by housing societies resident welfare association will not become expensive under the Goods and Services Tax (GST) regime...
- 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...
- 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...
- 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...
Load More
