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Real Estate Forum on Legal in Kharadi Bypass Road, Pune

Real Estate Property Discussion Forum and Guide to Real Estate Queries in Kharadi Bypass Road, Pune

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Q: HSG society is required to register
if total income exceed the threshold 20L
and
pay GST only
if the monthly maintenance fee exceeds 5000 per flat or any flat having above the threshold.
Also society has to pay the GST on other charges levied on the members and non members.Also society has to pay GST on reverse charge basis for any Goods services supplied by an unregistered person or on specified RCM services i.e. advocate services etc.

Latest Answer: Impact of changes post GST council meeting dated 06 Oct 2017 1 Quarterly Return filling if Society is turnover or annual receipts are less than 15 crore than SocietyRWA is require to file quarterly returns instead of monthly return 2 No RCM on purchases There wont be any RCM on input Purchases Section 94 CGST And 54 IGST from unregistered dealers so no more GST liability on RCM till March 2018 3 No Requirement to pay GST at the time of receipt of advances if taxpayer having annual turnover below 15 crore All these amendments will provide relief to the small tax payers and the CHSRWA in following the GST compliance requirement
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Q: Apartment condominium is formed from last 8 Years in Kharadi, pune and total 16 flats are in building. What is procedure to convert condominium to form Society.

Please give detail process and builder and land changes we need to do.
Latest Answer: thanks saurav for information. what are the steps we need to perform to convert condominium to Society formation.
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