We have formed and
running an association in a residential apartment. From each resident, we are
collecting Rs.3000/- every month as maintenance charges and maintaining books
of accounts for expenditure. Should our association register for GST? Should we
collect GST for such maintenance charges?
If the amount collected
as maintenance charges from a person does not exceed Rs.5000/-, GST will not be
levied for that. Moreover, GST
registration is not required, till the annual income of the association is
below Rs.20 lacs.
Please explain the
procedures to get refund of the IGST remitted at the time of export of goods
The shipping bill filed
at the time of export will be deemed as the application for getting refund.
Moreover, the details on exports must be filed through the form GSTR-1 and must
be confirmed through the form GSTR-3. Through this, your IGST amount will be
We are running one
school. Each year, we are providing our school calendar to the parents and the
general public. While printing this calendar, will the GST be levied? Because,
I heard that GST is not applicable for schools.
For your educational
services, GST will not be levied. But, if the goods or services provided to
your institution is coming under the purview of tax, GST will be levied for
that. For your above referred transaction, 12% GST will be levied. There will
not be any input tax credit.
If the CGST amount
payable to Central Government is not remitted, is there any power to the State
Government Authorities to collect that amount?
For this, a separate
section is there in GST Act. State Government Authorities can collect the tax
amount payable to the Central Government, treating it as tax arrears to the
If a registered person
remits the interest for a bank loan, is there GST for that? If so, what is the percentage?
GST will not be levied
on the interest amount. There is no discrimination as registered and
unregistered person for this.
We have provided free
residential quarters to the Executive Officers of our Establishment. We
consider its rental value as a part of their salary. Will there be GST for
this? If so, how much percentage?
As this service
provided by you, is considered as a part of salary, GST will not be levied.
We are in engineering
profession. We are sending machine spare parts for job work. Can we sell the
scrap and machine waste arising from the job work at the place of servicemen?
If the service man
has obtained GST registration, he can prepare tax invoice himself and sell from
his place. If he is not a registered person, you have to raise the tax invoice,
as the principal supplier.