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Resident Welfare Society Maintenance Charges & GST

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Resident Welfare Society (RWA) collect monthly maintenance charges for various services i.e. security, maintenance, electricity, water supply etc. procured for residents of residential society. In GST, exemption is available under NN-12/2017-Central Tax (R), to the services provided by RWA to its own members by way of reimbursement of charges or share of contribution up to […]

Long Lease of land is sale of Land

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In Lavasa Corporation Ltd. v. Jitendra Jagdish Tulsiani [2018] (Bombay HC), agreement of lease was executed to take apartments on long term lease of 999 years. Most importantly 80% of the cost was paid and substantial amount of stamp duty and registration charges were paid. Lease rent was nominal Rs. 1 p.a. It was held […]

Is service exporter needs to take registration if aggregate turnover is only Rs. 9 Lakhs?

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As per Section 24 (i), anyone making inter-state taxable supplies, is compulsorily required to register. The biggest brunt of this was felt by the exporter engaged in service sector i.e. freelancer working in software sector. Exports have been categorised as “zero-rated” and hence “0%” GST was applicable to it. However, since exports were essentially “inter-state […]