Wednesday, September 16, 2020

Amount utilized for maintenance service alone is liable for GST and not refundable deposit portion: AAR [Read Order]

The Karnataka Authority of Advance Ruling (AAR) ruled that layout maintenance services for members would be liable to GST, however, GST is not applicable to the money which is remaining unutilized, refundable to members. The applicant is a Housing Society registered under the Karnataka Co-operative Societies Act, engaged in the development and sale of Sites […]

from Taxscan | Simplifying Tax Laws https://ift.tt/3mwOI5G

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