The Maharashtra Authority of Advance Ruling (AAR) ruled that the activities of Property Taxes and water charges collected by society for paying to Municipal Corporation are covered under Section 7 of the CGST Act.
The Applicant, Apsara co-operative housing society is a co-operative housing society, registered under the Maharashtra State Co-operative Societies Act, 1960 and formed by its members who are the shareholders.
The main object of the Applicant Society, as per the Bye-Laws is to obtain conveyance from the Promoter (Builder), in accordance with the provisions of the Ownership Flats Act and the Rules made thereunder, of the right, title, and interest, in the land with building/buildings thereon Manage, maintain and administer the property of the society; to raise funds for achieving the objects of the society, to undertake and provide for, on its own account or jointly with a co-operative institution, social, cultural or recreation activities, and to do all things, necessary or expedient for the attainment of the objects of the society, specified in the bye-laws.
The applicant sought the advance ruling on the issue of whether the Activities of Property Taxes and water charges collected by society for paying to Municipal Corporation are covered under Section 7 of the CGST Act.
The Authority consists of Members A.A. Chahure and P.Vinitha Shekhar ruled that the Activities of Property Taxes and water charges collected by society for paying to Municipal Corporation are covered under Section 7 of CGST Act.
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